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Technology Stocks : Micron Electronics (MUEI)

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To: joshi who wrote (2594)12/14/1997 1:48:00 PM
From: Willsgarden  Read Replies (1) of 4074
 
Lots of interest in MU puts can indicate an oversold position and will assist in a reversal.....could be.
Maybe MU will be forced to sell off some of its interest in muei to help capitalize MU comeback next spring.
IMO the SEMI industry will absolutely lead the tech sector rebound next year, and also outperform as they did this year. When semis bounce, box makers have to be next.
I will be daytrading for a while so as to be a liquid as possible by late jan. I will be back in MUEI accumulating real soon. I can't believe MUEI is so cheap. Shouldn't be. That's our advantage.
good trading all,
Bill
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