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Technology Stocks : Micron Only Forum
MU 246.95+4.1%Dec 8 3:59 PM EST

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To: Jeff Leader who wrote (47683)8/16/1999 2:23:00 PM
From: John Graybill  Read Replies (4) of 53903
 
This very bullish Rambus might be the stuff (came out at 1:24 EST), but it depends on how you spin it: What's good for Rambus is good for MU, but it's also good for Samsung.

Note that the gap from 8/5 is now filled. MU stopped pretty sharply around 60 right at 2:00. Nothing suspicious about a collapse that begins or ends right on the top of the hour, nope.

So I covered my long-lasting short from 62 at 60 3/8 and am now long for the gap-just-got-filled bounce. Will be short again by the end of the day, and will definitely be short ASAP on a break of 62 1/2 (where we were before the dump).

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Rambus Expects Bonanza From First PC Shipments

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