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Technology Stocks : Micron Only Forum
MU 262.74+5.7%10:51 AM EST

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To: yousef hashmi who wrote (35180)6/18/1998 11:44:00 AM
From: DavidG  Read Replies (2) of 53903
 
Yousef,

Well I think both are in oversold area and the bears are really trying to push it to the limit. But the weak bears tend to cover on any small rally which then exaggerates the rally.

I think something is going on between TXN and MU and MU delaying till Thursday is unusual in past year. Maybe they just needed more time to work out a deal. If there is some kind of deal, which TXN needs much more than MU or any other DRAM company for that matter, than MU will fly tomorrow. If no news and just lousy earnings...well.. then...you know

DavidG
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