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Technology Stocks : Micron Only Forum
MU 336.62+1.0%3:59 PM EST
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To: TREND1 who wrote (33403)5/15/1998 10:52:00 AM
From: mike iles  Read Replies (1) of 53903
 
Larry,

Does HAL care about the fundamentals??

regards, Mike

p.s. you're right ... quite often fundamentals don't explain short-term price movements. They do explain long-term stuff such as 90 to 30 and expect they will be behind the move from 30 to 6. Short-term movements that run contrary to this spell 0-P-P-O-R-T-U-N-I-T-Y. From what I can tell you seem to explain the fundamentals by using short-term price movements ... e.g. if MU goes from 20 to 35 in 2-3 months then that must mean the fundamentals are improving. Well that might even be true. Could you name one fundamental that has improved for old MU in the last 6 months? Otherwise you're putting the cart before the horse. Don't think HAL would approve.

regards, Mike
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