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Technology Stocks : Micron Only Forum
MU 325.71-3.8%3:12 PM EST

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To: Grim Reaper who wrote (5628)12/10/1996 12:53:00 AM
From: Mr. Aloha   of 53903
 
Tech stocks are doing ok for this time of year, but MU is still in trouble.

I expect MU losses and the stock to trade down to $20 or so. The market may rally for a few days but the tech profit taking will coincide with MU's earnings disappointment and punish the stock further.

Just my two cents, and I plan to short before the earnings or after this current boast.

Aloha
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