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Technology Stocks : Micron Only Forum

MU 345.82

+0.2%

3:59 PM EST

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To: Kathleen capps who wrote (38087)	9/3/1998 1:05:00 PM
From: Thomas G. Busillo	Read Replies (1) of 53903

Kathleen, it happens to everyone. The similarities between last year's price action around the Robbie Stephens (ssshh...don't tell anyone, but they have been one of MU's underwriters) conference and this year's is somewhat curious. Here's an updated version of the previous observation made a few weeks ago (https://www.siliconinvestor.com/readmsg.aspx?msgid=5427601) MU late-July/August/Sept 1997 1998 conference Robbie Stephens Robbie Stephens Message: Demand is up; Demand is up; prices are up. prices are up. pre-conf. price: 45 27 Dow Jones article featuring Dan Niles talking about strength in DRAMs?: yes yes post-conf. peak: 60 36 7/16 percentage change: +33% +34.9% unexpected event: industrial-strength Kurlaking Russia unravelling Niles reaction?: reiteration ups to Strong Buy Sept. monthly low: 34 3/8 20 9/16 % change from peak: -42.7% -32.4% % from pre-conf. level: -23.6% -23.8% That's a little too freaky! Good trading, Tom

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