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Technology Stocks : Micron Only Forum

MU 226.65

-3.2%

3:59 PM EST

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To: Skeeter Bug who wrote (25150)	12/13/1997 12:40:00 AM
From: Tim McCormick	Read Replies (3) of 53903

Bug, Fido sold all but 1.8M shs. But it doesn't matter. This testing problem will create inventory writedown. Mu loses $ for next two quarters at least. I put odds of bankruptcy at 75% in 6 quarters. I plan on playing the short side until it trades at $3. Tim

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