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Technology Stocks : Micron Only Forum
MU 399.63+0.5%Jan 23 9:30 AM EST

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To: Skeeter Bug who wrote (22825)10/24/1997 9:54:00 AM
From: ratan lal  Read Replies (1) of 53903
 
Skeets

<<gtw did everything they could to
hide this operating loss b/c >>

Looks like any company can get away by not writing down inventory. Then when they finally write it down, they can call it a one time charge as if it does'nt count.

I guess Mu can do the same.

Are the investors that dumb?? Or are we being manipulated by the big boys who have large blocks of stock and bid small amounts uo to keep the price up even after a company shows $0.68 loss (when they were expected to show a $0.12 profit).

Thanks for your suggestion of selling half of my position. The rest of my puts are free. GTW is up 1 to 32 at this time.

Ratan
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