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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 8:50:00 AM
From: mike iles  Read Replies (1) of 53903
 
DJ,

Interesting Upside article ... BTW don't count too much on the fact that all the analysts but one are bullish on MU. This is true by definition at turning points (which is where I believe we are right now) ... a turning point is a change in direction and all the analysts do is point out the direction, uuhh well after the fact. Kurlak is the only guy who has seen the writing on the wall. As a forever bear I would be very concerned if the analysts were bearish. I fully expect the bottom on MU will be made by panic selling by the institutional herd, led by Fido and Capital 'Research' ... accompanied by the analysts who will be issuing market underperforms en masse. MUskie will be crashing to single digits. I know you're not a day trader but you should really stand aside for a while.

regards, Mike
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