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Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST

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To: Freedom Fighter who wrote (51214)5/1/2000 3:37:00 PM
From: Jeff Leader  Read Replies (1) of 53903
 
Wayne - The analysts tried this trick last quarter (lowering many times, all the way up to the earnings announcement) but they didn't lower enough. Nonetheless, their post-earnings hype worked anyway.

I can't blame insiders for selling at this point. They are merely taking advantage of the lunacy in the market.

However I wouldn't really encourage anyone to try to make money on the short side. If a double digit earnings miss couldn't take MU down, it is hard to see what can.
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