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Technology Stocks : Micron Only Forum
MU 394.69+3.1%Feb 6 9:30 AM EST

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To: Carl R. who wrote (40657)11/4/1998 4:24:00 PM
From: pat pasquale  Read Replies (1) of 53903
 
Carl; i respect those thoughts and thanks for your time..

i have a hard time with Mu cause they've never really had a history
of telling the truth...when I hear Appelton say "prices are firming"
what does that really mean...the last time this company was profitable at .04 per share, ASP for 16mg was 3.50 per chip...(6-7q's ago)
i know the industry says sales are up, well they couldn't get much lower and why cant the companies share at what prices these sales are up.
didnt last week MU say they were selling below cost, and if that is the case doesnt that add up to higher losses?
i bought MU & NKE PUTS today so we'll see what happens..
good luck in your trading
pp
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