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Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

Dec 5 9:30 AM EST

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To: mike iles who wrote (24925)	12/10/1997 9:17:00 AM
From: Thomas G. Busillo	Read Replies (4) of 53903

Mike, Dan "Mr. short-term DRAM price" Niles keeps it as a buy? Hmmm...let's see he had a hand in the late-July/early-August squeeze, reiterating it back then in the 49 area with the prediction that pretty much seals up the 1998 Noble in Economics for his work in technology goods pricing (I think it was something about DRAM prices rising <g>) So, yeah, MU down about 50% from that point...clearly a guy to take seriously. Also, wasn't Niles the same guy who reiterated ALTR after its previous blow-up around 54? Looked good when it bounced to 58...now doesn't look so good @ 37 3/4. Didn't Niles reit TI around 133 pre-split? Looked good 8 pts. later...now a little lower 90 1/2 on a pre-split basis...but hey, anyone can lose his clients 40+ pts. (although, granted this is very impressive, even by analyst standards). Didn't Niles also help apologize away MUEI's August "order system glitch"? And now they've pre-warned for this Q? Is this guy living on the Bizarro Planet or what? Good trading, Tom

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