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Technology Stocks : Cymer (CYMI)
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To: Yakov Lurye who wrote (14911)2/21/1998 12:18:00 PM
From: Mr. Aloha  Read Replies (1) of 25960
 
Yes, it's weird.. MU is not in the same category as AMAT, CYMER...

and they do have different agenda's. However, when MU is up, tech stocks are usually up and when MU goes down the tech stocks go down. I use it to judge the stability of the SOX etc..

MU can trade way too high sometimes and that leads to a correction. It looks like it's slipping now...don't know if it will hold here, go down or up???

I was a Micron daytrader two years ago (not a very good one). The stock defies all common sense sometimes and DRAM prices jump and dive all over the place.

I (THINK) it's an interesting stock to follow to get an idea of how the tech market feels.

Aloha
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