Micron Only Forum Message Board

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Technology Stocks : Micron Only Forum

MU 246.84

+4.2%

Nov 14 9:30 AM EST

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To: Land_Lubber who wrote (51549)	6/29/2000 5:57:00 PM
From: Chas	Read Replies (1) of 53903

You are right, I would only use it as a once a day reference. With the tightness in the market and tons of conflicting information the spot is going to vary especially at the end of the month and before a holiday. I can give you a high probability DRAM will be at $10 by 8-1. Dont make any decisions based on my forecast, not too many accurate forecasters out there, just data I am hearing. You would think this will eventually propel Micron up into the high 90s or 100. I think anytime a stock goes up like Micron has, it is good to take a breather. MU looks like 88-91 is sort of a base here, (I am not a TA), I like the PC and especially the non PC strength in the market. Graphics memory is short now, and is only the first sign, PC133 on the desktop will be short next. Too many wrong forecasts for Rambus that did not materialize creating a mix issue with the suppliers, I think. We shall see. Good trading.

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