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Technology Stocks : Micron Only Forum
MU 237.16+4.6%Dec 5 9:30 AM EST

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To: Richard Russell who wrote (29136)3/1/1998 3:36:00 PM
From: TREND1  Read Replies (3) of 53903
 
RR

SS wrote:
<<>>The market collectively understands the fundamentals better than the few here. <<

And RR wrote in reply
IMO that statement is one of the most assinine you have posted. Its been shown over and over again that the theory of an efficient marketis completely false.

And Larry writes !
This is a "classic" stupid bear attack on a known MU BULL !
The current bid and ask of MU is reality
The current bid and ask of MU is the market
....................................................................
RR...I just would like you to go to the NYSE floor on Monday and say:

I am RR, from the Micron BB and am willing to buy Micron stock at $19, since that is what it is worth
I am RR, from the Micron BB and am willing to buy Micron stock at $19, since that is what it is worth
I am RR, from the Micron BB and am willing to buy Micron stock at $19, since that is what it is worth
I am RR, form the Micron BB and am willing to buy Micron stock at $19, since that is what it is worth

I think that market would laugh at you !
I think that market would laugh at you !
I think that market would laugh at you !
I think that market would laugh at you !

And I ask you ! What is wrong with a 77% long profit in MU ?
A 77% long profit (22 to 39) doesn't sound bad compared to a MAX 100%
profit for a bear, assuming you short MU and it goes to ZERO !

Larry Dudash
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