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Technology Stocks : Micron Only Forum

MU 276.61

0.0%

3:19 PM EST

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To: Estephen who wrote (51892)	9/25/2000 4:06:13 PM
From: Rob S.	Read Replies (1) of 53903

Smashed through the "support" level at 49 to 47. This is the window (un)dressing period: fund managers are dumping MU because it looks like a dog in their portfolios. This could lead to a technically oversold situation by the end of the week. There is still a lot of concern about price trends and demand in memories. Rambus' lawsuit doesn't help. Why would a fund manager want to have this stock in their portfolios to explain to their customers? MU will be a fair buy at 38.

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