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Technology Stocks : Micron Only Forum

MU 234.19

-2.2%

Dec 3 3:59 PM EST

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To: Rutgers who wrote (52436)	4/5/2001 9:33:12 PM
From: Zeev Hed	Read Replies (1) of 53903

Rutgers, I do not have much to say about those analysts and articles, except that is very strange analysis from the same guys that had a major "BUY" on MU when it was at $90 plus. My comments was that technically speaking, this stock is basing and should be shorted only on a failure to penetrate the re cent trading highs, or better yet, on a breach of the October lows, or at least the recent lows at $33, not here where there is a strong chance of being caught in a counter trend bear market rally of serious proportions. The fact that the stock goes up in face of such damning reports calls into play my old adage "when the FA and TA do not jive, believe the TA". Zeev

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