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Technology Stocks : Micron Only Forum

MU 362.75

+7.8%

Jan 16 9:30 AM EST

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To: DavidG who wrote (33489)	5/15/1998 2:39:00 PM
From: E_K_S	Read Replies (1) of 53903

David - You never really know but if the TYX continues to hold at 5.960, the market will rally last hour. The long bond closes in 20 minutes...5.958 was the low; therefore it should close near the low WHICH IS BULLISH! If this is the case look for a relief rally last hour for MU with a 1/3 retracement from the high to low which should put the stock at $27 1/2. Just my best guess...MUEE then should be $2 1/2 at the close. Therefore do not pay anymore than 1 1/2 or 1 3/4. EKS

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