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Technology Stocks : Micron Only Forum
MU 389.00+6.6%Jan 21 3:59 PM EST
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To: JF2155 who wrote (37347)8/12/1998 3:29:00 PM
From: Bipin Prasad  Read Replies (3) of 53903
 
Jim,

12:37 ET Micron Technology (MU) 34 +3 5/16 (+11%): DRAM chip maker's
shares on fire as investors respond to rally in DRAM prices. Probably just as
important is the large short position in MU. According to MarketGuide, MU has a
Short/Interest ratio of almost 9 days. That compares to Intel's S/I of approx. 1 1/2
days. Volume today 5 mln shares vs avg daily turnover of 3.6 mln.

What makes you think they are lies? That's what we've been telling
bears here for the last one week.

later,

InSook
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