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Technology Stocks : Micron Only Forum
MU 236.48+2.7%Nov 28 9:30 AM EST

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To: Thomas G. Busillo who wrote (29915)3/11/1998 12:06:00 AM
From: Kerry Phineas  Read Replies (1) of 53903
 
TB, actually I think this is the next step towards oblivion for MU. The stock has been trading the mirror opposite of what one would expect based on fundamental info thats been presented. This kind of divergence from reality isn't a good sign imo. However, it had been moving in the direction the touts deem proper, up until about a month ago. ie a bounce to or fro based on the tout. Now, even thats starting to lose its effectiveness up or down. The general markets going to determine the fate of MU's stock price in the next few months, imo; even really bad earnings isn't going to mean all that much to the stock. (so my fear goes, could be crap). Uncertainty in the general market is going to present significant problems for MU and a number of other tout stocks... at some point...
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