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Technology Stocks : Micron Only Forum

MU 230.24

+2.5%

Nov 26 3:59 PM EST

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To: Lucretius who wrote (36027)	7/8/1998 11:58:00 AM
From: DavidG	Read Replies (2) of 53903

LT, I think the whole problem is that the stock price is NOT following the fundamentals as the bears describe it. <G> Maybe the bears are looking at the facts incorrectly????? Time to re-evaluate the data. DJ has posted an awful lot of info on fabs closing and DRAM pricing firming. Maybe MU is not as bad off as the "Forever bears" would like to believe???? I don't know, but certainly something is fishy...wouldn't you say? Earnings comes out when MU is at 20 + and a few weeks later up 30%+. ....hmmm....something must be different then what the bears are seeing???? ....hmmm...I wonder what Fleckenstein is saying now, and that other analyst....what's his name? Oh well we will have to wait a little longer for MU to hit single digits.<g> Good thing the bears aren't holding their breath waiting for it to happen.:-) Good Luck Trading DavidG

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