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Technology Stocks : Micron Only Forum
MU 246.95+4.1%3:59 PM EST

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To: yousef hashmi who wrote (28405)2/15/1998 5:21:00 PM
From: Stephen M. DeMoss  Read Replies (1) of 53903
 
Thursday the market was up (Dow) 55 and Mu failed to rally and was down 111/16. Friday the market was neutral, and Mu was down 5/8. Saturday in one of the most read financial publications in the lead story on 'short stocks', the only company mentioned was Mu. Mu double topped at 38 and to me is trending down. How can so many come on and say so confidently that we are still moving up? If I owned the stock with the past 3 days' history, with agreed on earnings coming up likely with a sizable loss; I would not be sleeping well and would not be SO confident that the stock will make new (recent) highs. I am genuinely baffled. Especially by Larry D. who walked us through this 353/16ths thing then bails. ??????????????????????????????????????????????Steve D.
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