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Technology Stocks : Micron Only Forum

MU 227.40

-2.2%

11:42 AM EST

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To: TREND1 who wrote (28556)	2/17/1998 9:16:00 PM
From: DavidG	Read Replies (3) of 53903

Larry, Please don't feed the Bears. You know how easy it is for them to get all excited.:) With all that Jibber jabber this weekend about this Barrons report I would have thought that Micron was tanking at least 4 or 5 points today.<g> A 1 3/8 point drop is nothing for MU especially since the NAZ and SOX were down also...but I guess with all the money the bears have been losing lately, 1 3/8 is a really big move.<vbg> I wonder if some of them are still going to wait out the April expirations to expect a profit.<g> I doubt it... if they have any smarts at all they will sell a lot sooner. The bears are lucky and they don't even know it yet. MU is giving them a chance to break even or maybe profit a few dollars by cashing in on those out-of money PUTs and shorts...but they have to be 5 times as smart to cash in...since it might not last too long.<ggg> Good Luck Trading DavidG

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