Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DavidG who wrote (36694)	7/30/1998 11:22:00 AM
From: johnlea	Read Replies (3) of 53903

i got to admit, i'm with kurlak this quarter. i think both the chip makers and the equipment makers are having a VERY tough time of it, and even with the market being 'forward looking', it sure seems to me that many of these stocks (AND ESPECIALLY MU) are overpriced. but, hey, mu has increased 50% in just a few short weeks. not a bad roi. i guess the question now is, at a price of $30+ what will be the return? a move to 36-37 is another 20%. that's got to be pretty attractive to the money managers. they can get this is a week or two, get out, and never have to give any thought to the company's financials. a trading stock for sure.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next