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Technology Stocks : Micron Only Forum
MU 333.34-1.4%Jan 14 3:59 PM EST

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To: TREND1 who wrote (33389)5/15/1998 9:30:00 AM
From: DavidG  Read Replies (5) of 53903
 
Larry,

A lot of postings last night, takes a while to get through all the fluff. I guess the bears are out of hibernation and talking up their silliness again.<g>

Weren't they saying teens and possibly single digits in the September October time frame.<g> Well they got some support from Kurlak this morning, we'll see how far that goes. Before Kurlak spoke I was looking at MU at 29 1/2 to 30 today...not sure now. Maybe 35 or 40?<vbg>

Larry, I just don't understand it. These bears come out in such large numbers and talk down MU while placing their silly bets and then spend the next month or two trying to break even on those bets.:-) I guess they think that the majority of the people actually listen to them and will go out and sell their positions real quick.<vbg> If anything they are truelly a contrarian indicator, since I notice that when they usually posts such high numbers as last night, MU usually reacts in the opposite manner.<g>

Good Luck Trading

DavidG

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