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Technology Stocks : Micron Only Forum
MU 225.72-3.0%3:59 PM EST

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To: Richard Russell who wrote (24182)11/17/1997 9:25:00 AM
From: Skeeter Bug  Read Replies (3) of 53903
 
welcome back rich. i've taken my account from 70%+ down to making up all the losses and adding 20% on top. each $1 move down is basically another 10% portfolio gain and so is each $1 move up. if i expire worthless then i'm up 1% for the year. ;-)

what is amazing is i missed a 27 point fall before entering at $38.50.

although i think mu's business position is extremely weak, i feel i know this company inside and out. i know when tk touts. i know when analysts downgrade/upgrade. i know where to get extremely accurate dram info that the market apparently ignores for months. key information.

i'm not sure how i can profit going forward. but, if i can, i will be there.

markets look strong today. if i'm fido do i use this as a chance to really sell a lot of shares? or do they let mu spike and sell later? or, are they done selling for a while.

mu meets w/ analysts this week and it must be gory. dram at $3.46? OUCH!!!! nasty beyond even what i had extimated. dram is doing much, much worse than i thought it would...
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