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Technology Stocks : Micron Only Forum
MU 362.79+7.8%3:59 PM EST

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To: Trey McAtee who wrote (22884)10/24/1997 8:35:00 PM
From: DavidG  Read Replies (6) of 53903
 
Trey,

<< for the bulls i have only this to say:
post your information!!!! we never get any bullish data!!! the problem is that what
some people interpret as bullish, is in fact bearish. whe we point this out, it is the
bulls who jump on us and accuse us of not having the intelligence to see what is
so obviously an undervalued company. >>

Bullish info was there when DRAM prices were climbing to $10, when Appleton showed he was getting higher margins up to 49 %, When MU was improving efficiency, reducing cost, when MU was gaining market share, when MU announced using Lehi for additional testing, when asians announced reduction in 16 meg, when asian factories were being planned for shutdown during summer, When antidumping stopped asians from shipping etc. etc, etc,

As a result the "forever bears" that never hear a credible bullish item decides to continue with their shorts and puts and for a nice 10 month run kicks each other in the a$$ saying MICRON SUCKS. They even go so far as to create their own Thread so they could rant and rave calling the management manipulative and corrupt and analists who screwed them.

NOW, DRAM is dropping, FABS are more efficeint and everybody and their grandmother is making memory and the bad summer season gets worse and all of the sudden the bears say: SEE WE WERE RIGHT !!!!!!!!!!!!!

If you were not so stubborn and listened to all the news instead of half the news ......GUESS WHAT ... the bears would have been bullish at times and rode this sucker up..maybe not to 60 but at least 45...and then got their PUTS or shorts and rode it back down and made lots of money instead of breaking even....DUH !

MR. and Sridhar gave you good information and you laughed and lost, now the bears have good information and if Bulls want to short or buy PUTS that is their choice. But they DID give bullish info.

Give it up TREY a half duplex modem or broken full duplex modem will not work on the internet.

Good Luck Trading

DavidG
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