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Technology Stocks : Micron Only Forum
MU 344.97+5.5%Jan 9 9:30 AM EST
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To: Vasu ganesan who wrote (5684)12/10/1996 9:46:00 AM
From: Peter Shaw   of 53903
 
Vasu,
I'm going to attend the MU presentation at the Montgomery conference in S.F. tomorrow. I'll give a balanced summary of what I hear, and if there are fundamental reasons to be covering my short, I'll do it. The bull arguements to date have been less than convincing. How can anyone compare an industry leader like Intel with a struggling memory producer like MU? It defies logic (no pun intended).
BTW, that panic buying as shorts run to the hills is not taking place, contrary to Grimmy's fantasies. The grind higher is, however, so the bulls still win while us shorts are still losing. I'm man enough to admit being on the wrong side of a trade right now, and it never feels good to lose $.

Good Luck,

Peter Shaw
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