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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: Tony Wang who wrote (43651)	3/11/1999 10:37:00 AM
From: John Graybill	of 53903

We might have seen The Bottom in DRAM, but the prices of the stocks in the tech sector have seen The Top. "Sector rotation" is quickly becoming the overused term of the month as people get out of tech stocks and into oil. $SOX is one of the few indexes in the red at the moment; MU is DOWN to 54 5/8 (can that be right? as I started this, it was 55 7/8) on lots of big-block sells; DJII 9800 is holding though. Looks like Kippy got pulled over for trying to thumb his nose at 55. :-)

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