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Technology Stocks : Micron Only Forum
MU 246.95+4.1%3:59 PM EST
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To: DavidG who wrote (47795)8/24/1999 4:51:00 PM
From: Henry D  Read Replies (1) of 53903
 
David,

i am waiting for MU to reach 80 hopefully within the next 3 months so that I can start purchasing 2001 Put LEAPS. i dont buy analysts estimate of $4-5 dollars eps for 2001.
with all the new semi equipment being purchased, manufacturers will want to ramp up production. we will see an oversupply again in 2000 and price cuts.

just my guess
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