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Technology Stocks : Micron Only Forum

MU 243.74

+1.1%

12:19 PM EST

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To: phbolton who wrote (19659)	9/17/1997 5:48:00 PM
From: Chih-Lun You	of 53903

I do not understand why many people have such bearish feelings toward MU. Most knowledgable people both in the institutions and in general already realize the seasonal updrift and downdrift of the memory prices way before the ride we enjoy not too long ago. I believe the current adjustment of the prices from the irrational 60s level to the reasonable 40s level is primarily due to the fact of the trple witching option expiration week and some uncertainty the smaller investors held toward the earning announcement next week. However, if the company does not give a bad conference call and quarterly report next week, I cannot find any sound reason for the company to fall below 45. 43.5 by Friday. Go Micron!!!!!!!!!!!

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