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Technology Stocks : Micron Only Forum
MU 240.46+1.7%3:59 PM EST
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To: Carl Held who wrote (40780)11/9/1998 11:33:00 PM
From: Fred Fahmy  Read Replies (1) of 53903
 
Carl,

<The current price is based on momentum & emotions & short covering, not fundamentals or the big global picture.>

The problem is that this is true 95% of the time for this stock. That's why going long or short seems like more of a gamble than most stocks. This thing rarely behaves rationally. Personally, I haven't touched it long or short since 1995.

FF
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