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Technology Stocks : Micron Only Forum

MU 333.34

-1.4%

Jan 14 3:59 PM EST

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To: yousef hashmi who wrote (27766)	2/4/1998 2:12:00 PM
From: The Vinman	Read Replies (2) of 53903

Yes the short squeeze is on. There are a ton of short positions out there that need to be covered, but ironically enough, this may present a great opportunity to go short. MU is all puff, the story yesterday that a company in Asia may be stopping production of the 16Dram was a rumor, and at this time their may actually be ADDITIONAL companies(2) producing the 16Dram in the future. That's MU's problem, they have to "hope" other companies stop production so they can make money, they have nothing to offer in the way of product differentiation. Vinman

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