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Technology Stocks : Micron Only Forum
MU 246.84+4.2%Nov 14 9:30 AM EST

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To: Fabeyes who wrote (48049)9/7/1999 3:59:00 PM
From: Naggrachi  Read Replies (3) of 53903
 
<<... today at $80

And they have made how much money in the past 6 quarters? Stock does not make a profit -- sometimes it is over priced.>>

You just don't get it do you?

The above is the exact reason why Soundview put MU on their "Fockesd" list. Small investor who are buying @ $80 will get "Fockesd", meanwhile, Soundview will be heading for the exit. When the price is @ $30+, Soundview will downgrade the stock.

BTW, did spot prices hit $20 yet? Care to run by me what every dollar increase in spot prices means to MU bottom line?
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