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Technology Stocks : Micron Only Forum

MU 244.22

-1.1%

1:54 PM EST

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To: oldirtybastard who wrote (51525)	6/27/2000 12:08:00 PM
From: Land_Lubber	Read Replies (3) of 53903

My take on this is that MU is in "distribution" at this point. The price is being supported here for this purpose. Volume is remarkably low, especially given all the good news and analysts urgent buy recommendations. Once the mutual fund end of quarter is in (end of this week) there is likely to be a hard drop in MU (if not before, due to a more general reaction to a rate hike). Land_Lubber

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