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Technology Stocks : Micron Only Forum

MU 344.97

+5.5%

Jan 9 9:30 AM EST

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To: Skeeter Bug who wrote (34039)	5/30/1998 3:18:00 PM
From: mike iles	Read Replies (4) of 53903

Skeeter, or sleaze-bags of the year ... Skeeter, I haven't given up on an MU gap ... although I concur with your reasoning. Just this time the specific news from ol' MUskie is going to be so bad and then it's going to be compounded by a general market malaise when the tech bulls realize that the vaunted inventory correction is actually about the stocks they own ... I picture the trader at Capital 'Research' trying to unload 30 million+ shares into a market with no bids. The real selling on MU is yet to come ... we haven't had any volume on this downtick ... yet!! What I picture is MUskie rallying to 25-26 prior to earnings and the gapping 10 points into the mid-teens after earnings, er sorry, losses come out. There's a lot of dirty linen in Boise that hasn't aired yet ... inventories, Lehi, etc... maybe the proverbial hits the fan this quarter. Hold tight bears, don't fire to you see the whites of their eyes!!! regards, Mike regards, Mike

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