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Technology Stocks : Micron Only Forum
MU 285.43-2.5%Dec 31 3:59 PM EST
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To: Zeev Hed who wrote (34243)6/3/1998 9:32:00 AM
From: DavidG  Read Replies (3) of 53903
 
Zeev,

Kramer made some comments on MU this morning. Didn't catch all of it but it sounded like he thought MU may have bottomed out. You will know when institutions turn positive, when they come up with horrible earnings, as they will this quarter, and the stock does not drop.

...isn't this what happened last December and MU was at 22? Maybe shorts had better be a little careful.

...also Kurlak reduction in earnings didn't really sound as negative as he had made in the past. No forecasts with lower stock projections.

DavidG
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