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Technology Stocks : Micron Only Forum
MU 414.88-4.8%Jan 30 9:30 AM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (22552)10/21/1997 4:37:00 PM
From: Peter Shaw  Read Replies (1) of 53903
 
Bate's,
And I would not be suprised to see more liquidation as the technology mutual fund inflows dry up. Liquidity is the key, and these explosive trading range rallies have zippo for follow through...Talk to me at 8500 and you may be onto something!
BTW I don't think MU would benefit much regardless of a broad market advance, as witnessed by today's action! I'm with SB...25 by year end as tax loss selling by former MU bulls ensues!

Cheers,

Peter Shaw
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