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Technology Stocks : Micron Only Forum
MU 232.59-2.1%3:59 PM EST

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To: Zeev Hed who wrote (48863)10/2/1999 4:52:00 PM
From: TREND1  Read Replies (2) of 53903
 
Zeev
A stock (any stock) has to keep making new highs.
In MU's case, MU has to beat 85.
Hal indicates that if 85 is not bettered by Oct 15, 1999,
then everyone will know that this dram shortage is history.
Yes ! the stock of MU has been up due to Dram going from
$4 to $20, but that is history.
The more important question is will spot dram prices continue to rise from $20 ???
The stock action of MU is telling Hal that the major trend
is now DOWN ! Hal indicates that the test of 85 will fail.

Larry Dudash
PS: Hal could be wrong (g)
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