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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: Kathleen capps who wrote (38100)9/3/1998 7:24:00 PM
From: Thomas G. Busillo  Read Replies (2) of 53903
 
Kathleen, one other interesting thing about Maria B.'s "reporting" on Robbie Stephens this morning. Did she even mention that Dan Niles lowered his rating on VLSI after it warned?

The guy starts VLSI at L-T attractive the beginning of February, ups it to a buy the end of February right around 19-20. And now after watching it steadily decline through the summer, Niles suddenly downs it. It opens at what, 7 7/16? Closes @ 7 13/16?

So the guy actually does make a call, but instead of that call (an actual ratings change on a stock that had some significant news overnight) - we get him coming to the stunning realization that MU is on the low-end of its trading range and Maria B. filling us in on that little epiphany (um...is there anyone out there not aware that MU was recently at the low end of its trading range?).

Maria Bartiromo's regression from "competent reporter" to "television personality" has been just brutal.

Good trading,

Tom
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