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Technology Stocks : Micron Only Forum
MU 207.36+3.0%Nov 21 9:30 AM EST

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To: Fabeyes who wrote (48292)9/15/1999 9:28:00 AM
From: John Graybill  Read Replies (2) of 53903
 
Nah, nothing to do with reality. The "MUEI to be sold" rumor is one of Their favorites, to be floated twice a year or so a couple of days before an option expiration. I wrote last week that we should be on the lookout for some kind of MUEI internet deal / MU new product announcement by Tue/Wed. Just one of the option-week pranks They play. Doubly so this time because it's earnings time.

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Looks like They like whatever Important Government Statistic came out this morning; S&P futures are +12. If it sticks and the broad markets go straight up at the open and don't retrace, don't even think about selling or shorting today. There's usually a fake drop about 1 pm, but then it's a relentless rise into the close.
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