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Technology Stocks : Micron Only Forum

MU 228.50

-5.6%

Nov 18 3:59 PM EST

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To: TREND1 who wrote (31471)	3/31/1998 11:26:00 AM
From: DavidG	Read Replies (2) of 53903

Larry and Pat, SOX is above the 300 resistance level. Are we beginning to witness a rebound in Semi stocks? If so you maybe we are seeing the lows of MU for a while. I do not believe the "forever bears" can continue to talk this stock down.<g> I couldn't believe one of the earlier postings where they were knocking MU b/c its cash level is approximately equal to its debt. That is like saying my $200,000 mortagage puts me in serious financial trouble b/c I only have $200,000 in the bank and it is only a matter of time before the bank takes my $1,000,000 home.<vbg> I hope the people lurking on this thread have the common sense to ignore those silly "forever bear" arguments b/c they really do not hold water.:-) Good Luck Trading DavidG

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