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Technology Stocks : Micron Only Forum
MU 228.57+1.8%9:53 AM EST

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To: DavidG who wrote (42721)2/4/1999 9:20:00 AM
From: Thomas G. Busillo  Read Replies (1) of 53903
 
David, one more reason why I love thestreet.com:

thestreet.com

Micron's Secret Weapon
One interesting thing about the stock of memory chip maker Micron Technology (MU:NYSE): You can almost count on it moving up whenever the company sends Kipp Bedard to talk to fund managers.

Bedard is Micron's VP of corporate affairs. Money managers usually groan when a company sends a spokesman to investment conferences, but they love Bedard -- a handsome, clean-cut fellow with a Midwestern twang who could sell a Gateway (GTW:NYSE) computer to Michael Dell.

After Bedard spoke at the Robbie Stephens conference July 30, Micron jumped 7%. After he spoke at the Montgomery conference Sept. 18 it climbed 7%. And after he spoke at the CS First Boston conference Dec. 3 it added 7%. You might as well call Bedard Micron's 7% solution.

The clincher was the Micron presentation at the Montgomery conference Wednesday. We can't say what the stock will do on Thursday, but it rose 7% before his talk. Maybe word of the Bedard effect is getting around.

-- Marcy Burstiner


Amazing.

A financial journalist actually notices something interesting and takes the time to do research on her own to buttress her point. None of that "sources tell me" garbage. This is a rarity.

Not only that, but the seven-percent solution - how much more perfect an allusion can you make in that situation?!!!

And the answer is - none more perfect.

Kip may have cleared up a few things last night, but to paraphrase Holmes, the game is STILL afoot! <g>

Good trading,

Tom

P.S. amazon.com

My dad took me to see the film adaptation when I was a kid, but the only thing I remember was this great scene in the stables of the Viennese Riding School with the Lippezaner stallions that scared the bejesus out of me <g>
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