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Technology Stocks : Micron Only Forum

MU 285.43

-2.5%

Dec 31 3:59 PM EST

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To: TREND1 who wrote (32101)	4/14/1998 8:53:00 PM
From: TREND1	Read Replies (3) of 53903

WARNING ! WARNING ! WARNING ! Now that Micron is one of only three companies ready with PC/100 SDRAM, one must consider the entire MU DOWN CHANNEL since 2/2/98 ........................................................ The upper line of this down channel is now about MU=32 ........................................................ Question: (1) Is this the reason recent bad earnings did not bring MU below 22 ? (2) Will the UPPER CHANNEL LINE (MU=32) contain this new advance ? .......................................................... By now most of you with any brain at all know that past MU earnings mean very little. It is the future earning prospects that count. ............................................................. Until the SUPPLY=DEMAND equation for the new PC100 SDRAM is known, we should realize that MU may have a bullish move ............................................................ I AM NOT PREDICTING A BULLISH MU MOVE ! I AM SAYING THERE IS AN UNKNOWN HERE WITH THIS NEW PC/100 SDRAM .............................................................. Example: If MU traded above 32 tomorrow, I would turn BULLISH ! .............................................................. Please feel free to comment here ! Larry Dudash PS: I am flat MU.

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