Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 237.57

-1.2%

11:59 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Darren DeSoi who wrote (2329)	9/12/1996 11:53:00 PM
From: Mark The Trader	of 53903

Darren, the price of Micron already reflects a poor 3rd quarter. As for insiders (executives) selling they have to file to sell before they can actually sell their stock, I have seen no filings on Bloomberg for a while. Dram prices have stabilized for now. As for the put volume that is not a lot for Micron puts and you dont know if they were buys or sells or naked sells. Also a higher put to call ratio is usually a contra indicator , so dont get fooled by that. I am not bullish on Micron but I think that whatever they report for Q 3 will be over shadowed by Wall street getting all excited about Christmas PC selling season. The stock was up today on that news and I expect it could remain strong. I wanted to jump in myself and buy some puts but I cant time this stock so I just watch it. As for book to bill , your right , and I dont pay much attention to that because it really does not reflect the true health of the tech sector anyway. Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next