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Technology Stocks : Micron Only Forum

MU 265.94

+7.0%

3:59 PM EST

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To: Grim Reaper who wrote (5285)	12/4/1996 8:42:00 PM
From: novice investor	of 53903

Hi Grim, No, I'm not MB in disguise. My queries were directed to him simply because I find him to be well informed on Micron details. There are others (Adrian Wu, Bipin Prasad, etc.) in this thread who have provided me valuable insights about MU before. In general the people who do fundamental analysis are serious researchers and tend to have information I could not get easily. While I do not always agree with their conclusions (I'm only mildly bearish on MU), I always find their opinions quite useful. I've also read some of your comments in this thread and it puzzles me to know you are bullish on MU. Unlike other high flyers like INTC and DELL, MU is a long way off from its all time high of over $90. If you really are playing the momentum game why don't you choose a stock that's making all time high on daily basis? MU did come up from the high teens to mid 30s during last several months but its progress is anemic at best; hardly a market leader like INTC. Aside from the simple fact that MU happened to go up during the time market jumped past 6500, do you have any logical reason to belive MU will continue to go up? NI

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