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Technology Stocks : Micron Only Forum
MU 230.24+2.5%Nov 26 3:59 PM EST

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To: DJBEINO who wrote (27443)1/30/1998 2:25:00 PM
From: Richard Russell  Read Replies (4) of 53903
 
To All,

Does anyone have an opinion as to the approval of the IMF funds for Asia? Rubin and Greenspan are definite strong advocates for the placement of the 18B. I wonder if appleton told the analyst at the Monkey Sec. tech show that mu has going down if Korea recovers with the help of IMF $. The koreans have already restructured some of their debt, with the the chances that IMF approval will happen being quite good I would think that a long position in mu at this time would be extremely risky. Mu has basically admitted to what dire straits they are in. In the mean time the stock price goes up. I think that Kerrys thought on GS agenda here is valid. This stock price is being held up and pushed up by other then nature market forces it seems. RR
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