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Pastimes : Ask Mohan about the Market

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To: MythMan who wrote (12807)1/8/1998 7:04:00 PM
From: Mike M2  Read Replies (1) of 18056
 
Pete, like mr. says about MU "do not bet against this multibillion dollar company" -g- I won't give the market makers any more put money that they can use to support the stock unless they run it to $40+/-. They will use the bad news in SE Asia to boost the stock when in reality all Dram makers are in trouble. Logic, fundamentals, and realty do not work on Micron(for the moment). I am still a member of the single digits fan club and expect to see it there by year end. I guess it may take a few quarters of losses before they cut the estimates for 1999. Mike
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