Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 233.06

-1.9%

12:30 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bernie Diamond who wrote (11070)	3/16/1997 10:17:00 PM
From: Grim Reaper	of 53903

Bernie, the most tense quarter for MU was the last quarter when everyone thought that the earnings were going to be negative and then they were knocked down with the results....This quarter is believed to be positive by almost all if not all analysts ...The trend is in place from last quarter and now the street is looking ahead for earings growth hence we see tha momentum investors jumping aboard... Also since everyone except myself and a few others think this stock will continue to rally the pessimism after the earnings is so great that the in itself will propell the stock higher as it rises...The short position was still very high (i phoned the exchange friday) and if this stock continues its ascend the towel will be thrown in by many bears....(probably their bosses will force them to unwind positions) ..Thus this next stage will be largely generated by the FORCED BULLS....chasing the trend they could not identify......However TK,Mr Muizz and the Great GRIM himself will be treasured like another wonder of the world..ho ho ho

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next