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Strategies & Market Trends : India Coffee House

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To: Satya Podury who wrote (7153)9/24/1999 4:20:00 PM
From: Cynic 2005  Read Replies (2) of 12475
 
Yes, Dan Niles is an Indian. He has had some outrageous comments about tech stocks and Micron in particular early this year. He called for $200 on MU. And then he woke-up to the facts and reality. He is among the few to see troubles at Dell and Intel (I know Mohan M disagrees, that is his prerogative.) The fact that these stocks have traded higher than what they were at the time of his downgrades doesn't mean a squat. i.e. it doesn't prove that he is wrong. His call on RMBS today is fairly old news who are really keeping up to date with the stuff. It is better late than never. On that count I applaud him.
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