SI
SI
discoversearch

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 207.36+3.0%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeeter Bug who wrote (46207)6/9/1999 10:52:00 PM
From: sammaster  Read Replies (1) of 53903
 
this is scary though....
with all the bad news of lower dram prices u would think that the big boys...including intc and ti would be selling mu as fast as they can but the price of mu has stabilized....
if the stock price levels out here long enuf then some fabs may start closing down and cause a temporary higher price in mu which would make our puts expire worthless...
plus they are rapidly lowering estimates without downgrading so that mu will meet the estimates...remember there are many stupid investors out there that meeting the number is all that is important

that being said i still think that they will miss the number...but am afraid that they will spin as saying that this is the bottom of the downturn..like they have been saying forever...

i'm loaded with june/july puts

samir
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext