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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: DJBEINO who wrote (33970)5/29/1998 12:54:00 AM
From: John Graybill  Read Replies (1) of 53903
 
DJ, is "Upside" some net magazine? They made casual reference to SI with no explanation to the unwashed.

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Re the article:

He's just guessing for a lot of this. Note he says there's no clue *until the GS earnings downgrade*. He didn't even check the Micron news on any of the usual sources to see the Robbers & Stealers downgrade (or was it an upgrade?). And of course that little item slipped into the Salt Lake City paper (excellent catch) on *the very day the collapse began* that just happened *not* to make it as an official news release.

"History shows that no matter how bad things look, Micron will not be down forever." This statement is simply illogical. Is he saying that MU is guaranteed to go above any price that anybody has ever paid for the stock? Or that Micron will exist for all time? If you bought at 94, or 60, then yes, Micron will in fact be down forever.
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