Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TREND1 who wrote (26196)	1/2/1998 7:58:00 PM
From: Tim McCormick	Read Replies (1) of 53903

LJD, I remain a MU bear in my heart. Just not a MU bear with my $. My reading of the chart is major resistance at 31, that being the last spot of significant price disequilibrium. It may be there next week. This would coincide with the ending of the current period of favorable seasonality-too much money looking for a home. This is not a growth stock. It should be valued at a low multiple to projected future cash flow. Unfortunately, that value is in the single digits. Tim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next