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Technology Stocks : Micron Only Forum
MU 252.40+2.2%Dec 9 3:59 PM EST

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To: TREND1 who wrote (24311)11/20/1997 4:16:00 PM
From: DavidG  Read Replies (1) of 53903
 
Larry,

10% gain today for MU was double SOXX gain. Maybe a little overdone...but that is the cross currents one gets into when playing MU.

I'll bet Merrill Lynch was in their buying instead of as some think they were selling. Tom Kurlak was suspiciously quiet about DRAM and specifically MU when making his last couple of silly releases....

but I have to admit if he did come out with POSITIVE comments on MU right now the shorts had better run for the hills! <g>

We will find out tomorrow if MU was just in a short covering rally or maybe something more long term.

Good luck Trading

DavidG
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