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Strategies & Market Trends : LastShadow's Position Trading

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To: Dave Shares who wrote (304)9/11/1998 12:06:00 AM
From: BoNg-N-BoNg  Read Replies (2) of 43080
 
>>>Also, if anyone out there can tell me if the INTC news would look to have a positive impact on MU, which seemed to zig zag a bit all day. <<<<

In short term more likely yes...if INTC chips and or computers are in demand in this 3rd and 4th qrts., the DRAMS should be too... just remember INTC has atleast 80% of the chips markets while MU doesn't have the monopoly and has alot of competition... if I'm not mistaken, one of DEll's executive was quoted that "components prices from Dram, hard drives, monitors, etc..etc..are still falling" so I'll take that into considerations.. good luck..

just a thought..
eL...
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