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Technology Stocks : Micron Only Forum
MU 336.62+1.0%Jan 15 3:59 PM EST
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To: John Graybill who wrote (50426)1/27/2000 11:22:00 AM
From: Paul Verderber  Read Replies (2) of 53903
 
Statistics from Februaries past . . .

I looked at MU's performance in February from 1988 to 1999. At first glance the average February performance looked remarkably like the average January performance - high +25%, low -8%, close 15% from the January closing price. But in the four years where the January closing price was either down or flat from the December close (averaging -10%), February had good performance: high +45%, low -7%, close +32% from January close.

The remaining eight years where MU increased on average of 28% in January, the February performance was only: high +16%, low -8%, close +6%.

January 2000 certainly is shaping up to end in the former category. Could there possibly be hope left to see upper 70s, lower 80s by the end of February?
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