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Technology Stocks : Micron Only Forum

MU 333.34

-1.4%

Jan 14 3:59 PM EST

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To: Patrick Koehler who wrote (24632)	12/2/1997 11:50:00 AM
From: DavidG	Read Replies (3) of 53903

Patrick, MU has moved about a point on its rumors of an announcement on semis. Most semis seem to be down. SOXX down almost 14 at lows of day. He is not expected to say anything about MU or INTC but they should follow. I would expect to see MU test 25 support. I will sell all MUMEs that I have at 25 level and wait to see what MU does to move lower. MU may be at washed out levels right now. If it does break 25 than Buy puts or short again down to 22. It always pays to wait around support levels. Good Luck trading DavidG

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