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Technology Stocks : Micron Only Forum
MU 252.95+2.4%1:29 PM EST

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To: John Graybill who wrote (47281)7/26/1999 12:55:00 PM
From: John Graybill  Read Replies (3) of 53903
 
Looks like a good tout-fest ramp job is playing out.

Friday was a narrow-range, low volume day, which should always grab your attention. 50 1/2 continues to be The Price That Shall Not Fail -- compare MU's open with the giant gap-down in $SOX this morning. The "new type of SDRAM news" today is tailor-made and just-in-time for Dan Niles (or whoever he's grooming as his protege) to parrot on Wed/Thu, coincident with end-of-the-month 401K money starting to come in on Friday. Finally, the mystery multiplier: this would be the time for us to see evidence one way or another regarding Chas's "price rise on Aug 1" rumor.
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