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Technology Stocks : Micron Only Forum

MU 245.37

+1.8%

11:25 AM EST

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To: Skeeter Bug who wrote (5027)	12/2/1996 1:08:00 AM
From: Grim Reaper	of 53903

Jeff S. If crus lost 1.5 and stock at 20 then if MU loses 2cents ......MU at 50 if mu has +3 then maybe at 70 ha ha ha ..... many are trying tonight to turn others around but the following remains: 1) Low rates and inflation 2) record short pos 3)Fidelity increases MU pos 1400% sept 4)Fidelity has loved and is THOROUGHLY fam with MU, one of the most active,liquid stocks to trade. 5)Cyclical downturn probably over 6)NO NEW BADDDDD news on MU 6)INTC,MSFT and IBM hitting new all time or almost decade long highs 7)POSSIBLE dram stabilization, sanctions by DOJ 8) stop buy orders could be triggerred any day 9) very high level of bearishness still there

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