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Technology Stocks : Micron Only Forum
MU 246.84+4.2%Nov 14 9:30 AM EST

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To: Xpiderman who wrote (41489)12/18/1998 12:05:00 PM
From: Carl Held  Read Replies (2) of 53903
 
RE: Xy Zhao
You have just verified my logical thinking, which says that MU current price is overvalued. If two years from now everything that is projected does happen, then I can see MU at the current price, but again, it is only a projection, which these analysts are using this momentum to their advantage. Remember, they are in the business to sell stocks (commissions). Just the last 2 weeks, I started to see articles saying that all these projections maybe overrated and guess what happened to the Techs, Semis, they started to go downward. Then, all of a sudden, ridiculous price projections started up again, close to options expiring. Don't you see this is a bit fishy and manipulation? I do!
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