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Technology Stocks : Micron Only Forum

MU 362.75

+7.8%

Jan 16 9:30 AM EST

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To: TREND1 who wrote (38696)	9/19/1998 1:38:00 PM
From: phbolton	Read Replies (2) of 53903

(1) at $8 per 64Mb MU loses $200 mil+ this quarter (2) Lehman and Niles etc had price at $9.50+. Go look at their recent statments. (3) DJ etc have been saying MU gets $9+++ per 64Mb As near as I can tell $8 is very, very bad for MU. $7.60 is even worse. It also shows that contract is well below spot which is also bad for MU. Increased short/put positions on Friday.

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