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Strategies & Market Trends : From the Trading Desk

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To: David Smith who wrote (2044)12/16/1997 8:13:00 PM
From: eddie r gammon  Read Replies (2) of 4969
 
Just drifted over here to ask a question. Being as how you deal in the market every day would you try an answer a question for me? If you are familiar with Micron Tech (MU). They reported .04 in earnings after close yesterday. Street was looking for .09. It is almost a given they will not make anything for the next 2 or 3 quarters. The stock opened up and closed up today. Why? Makes no sense whatsoever.

thanks
erg
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