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Technology Stocks : Micron Only Forum

MU 201.37

-10.9%

Nov 20 3:59 PM EST

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To: SeaViewer who wrote (47830)	8/25/1999 10:32:00 PM
From: Naggrachi	Read Replies (1) of 53903

<<Danny boy is the only bear right now. He downgraded MU and INTC after their earning reports.>> In an interview last spring on CNBC's S. Box, right after INTC's earnings, Mr. Niles said INTC was dead money and he recommended investors get out of their position. I think the Motely Fools Drip portfolio have saved the column for that day and plan on comparing notes, i.e, sales comish, tax, etc. a couple of months later (should be soon.) He made the same statement in '96 and the stock went from high 40's to 120-140. Having said that, one would think that I learned from that experience and would have picked up a couple of hundred share of INTC this spring, after his comments. Nope! I stayed on the sidelines again. :( Zead

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