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Technology Stocks : Micron Only Forum
MU 252.14+6.4%10:50 AM EST

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To: Skeeter Bug who wrote (50961)3/22/2000 8:27:00 PM
From: mu_basher  Read Replies (1) of 53903
 
Skeeter
I could lie to you and say yes I am buying.... but truth be known, I replied to Larry a while back about getting out at 85!!!!! i got clobbered a while back when I went long at 80 calling for 100. I'm not stupid or naive enough to believe that it won't drop and I must admit that this run up has been incredible. I was hoping for further deterioration from yesterday but didn't get it. Anywhere in the low 100's and I would be a buyer - again. (right now INTC is occupying all my attention)
FWIW - I would wait to see if a split is forthcoming.
It appears that momentum, & the strong chip market may send this thing higher, split then buy. Thats how I will play it; EPS, debit structuring, interest rate increases and the myriad of other items don't seem to be having a negative impact on it.
You know that part of my reason for the post is to rub a little salt in the wounds. You have know all along I have been bullish on MU and have done reasonably well doing it. But I would be hesitant at this level.
Greg
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