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Technology Stocks : Micron Only Forum
MU 241.14-6.7%Dec 12 9:30 AM EST

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To: Grim Reaper who wrote (5792)12/11/1996 9:16:00 AM
From: Vasu ganesan   of 53903
 
Hi Grim:
This is a follow-up to my prior posting this morning. CNBC is reporting that Asian currency traders were selling on the rumor that WSJ is preparing an article slaming the blue chip stocks, one reason for the early colapse of S&P futures. Also right now IBM is presenting in the internet conf. in NYC and IBM has issued a no comment for rumors in Europe, about possible profit warnings.
Kurlac upgraded Intel with a stock target price of $200.
Finklestein (the short seller) is again talking about SHORTING MUEI and commodity products maker, like MU.
Also rumors about Goldman's Amy is turning bearish is surfacing in the markets. The S&P is going DOWN more it is about 8 now.
Indeed an interesting day for trading.
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