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Technology Stocks : Micron Only Forum
MU 237.16+4.6%3:59 PM EST

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To: John Morrison who wrote (2364)9/15/1996 2:16:00 AM
From: Grant R. Cynor   of 53903
 
John <<MU went from 20 1/2 to 24 1/2 in last 7 trading days.>> Is 24.5 some aftermarket quote from Hong Kong? I've got it at 23.75 at Fri. close. If I recall Fridays action the NASDAQ was up over 1.5% and MU was up about a little over 1%--no big whoop. Its been my experience that analysts lower estimates just before earnings because they have spoken to the company and realized they screwed up and better get it fixed.

They did not pay their dividend. All is not well and I'm amazed they've made no comment to this point. But we shall see in a week or so.
A shortie having fun,
Grant
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