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Technology Stocks : Micron Only Forum
MU 241.14-6.7%Dec 12 9:30 AM EST

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To: Tim McCormick who wrote (24327)11/21/1997 12:29:00 AM
From: Skeeter Bug  Read Replies (1) of 53903
 
tim, don't get me wrong, i'd love to see mu hit $18 tomorrow ;-)

imho, this bull market isn't over. interest rates are too low and the bulls never let fundamental concerns get in their way before ;-)

also, amat had bang out numbers so the beaten down techs should get some reassurance.

i don't mind if my dec expire worthless. that is, unless mu never goes higher that $27.

i think gtw may see $35 and mu may see $30. i'm buying jan puts on both if they do.

my nfliw must work out first. hopefully to the upside as i'm leveraged.

btw, look at these eps estimates for mu:

www1.wsrn.com and
ultra.zacks.com

all this at $3.46 a chip. i'm impressed if it happens :-)

it won't...
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