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Technology Stocks : Micron Only Forum
MU 207.36+3.0%3:59 PM EST

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To: DavidG who wrote (41648)12/23/1998 9:26:00 PM
From: Skeeter Bug  Read Replies (1) of 53903
 
>>I think tomorrow we see some follow through from todays upward move then a
retracement down to 48-50. That will be a good time to cover shorts or close out
PUTs, ... then... back to business and a retest of last years 60.<<

what happened to that put wreck you gave? based on your current scenario, they are toast... ;-)

pssst: don't ignore supply increases as the only way to lower costs is to DRAMatically increase supply. you did this regarding 1998 and look where that got mu ;-)

btw, the vaunted mu fabs lost money last q. a 25 cent charge for txn makes eps (minus tax flim flam) a negative 5 cents in boise...

ooooooooh, aaaaaaah! ;-)
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