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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: Knighty Tin who wrote (34146)6/1/1998 9:14:00 PM
From: Zeev Hed  Read Replies (2) of 53903
 
Michael. Yes this always a possibility, with any stock (I got caught in one like that, SPCT, last year). The only protection against such an event is diversification, or no more than 5% in a gamble like MU. The truth is that with 40 MM or so short position, even if it break 22, it will not collapse at once since even the bear on this thread rush for cover after every ratchet down of MU price. I think the bearishness on this thread is so one sided (me included) that a contrary opinion and action, once or twice a year is warranted (it was just on the Monday post earning last December).

Zeev
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