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Technology Stocks : Micron Only Forum

MU 237.94

-0.2%

Nov 7 9:30 AM EST

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To: John Graybill who wrote (42448)	1/23/1999 12:42:00 PM
From: John O'Neill	Read Replies (1) of 53903

Is there a way to guess whether Feb call vol way motivated by selling or buying pressure? I shorted some MU Friday...first time I've played with this one in a looong time ...it seems to me, who is not tech knowledgeable, that DRAM is a commodity and therefore cyclical and MU stock, at these levels, would be very vulnerable to a pullback in a market correction. Even if they do make more money in a few quarters, it just a commodity...unlike INTC which has proprietary position. I also noted that Rambus was slow...does this put a spin on INTC's 500 mil "investment" in MU to assure DRAM with Rambus tech? any commments appreciated.....pro or con MU

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