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Technology Stocks : Micron Only Forum

MU 232.15

-2.3%

1:26 PM EST

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To: Kerry Phineas who wrote (43541)	3/8/1999 10:26:00 PM
From: John Graybill	Read Replies (2) of 53903

>looks like it went well for MU at the presentation LOL! Fleck takes another swipe, and why the heck not: In technology, Micron Technology (MU) was down 3 1/2 bucks, erasing half of Friday's gains. So anybody who listened to Dan Niles on Friday got pasted today. 62 was pretty sweet, right around 10:00 am too. That head-and-shoulders is too perfect to be believed, huh? MU has every right to gap down on the open tomorrow on its own (de)merits, never mind AMD 'fessing up. Any early rise whatsoever is a gift to those not already short, IMO. I think DeNiles has one last trick up his sleeve. As Tom Busillo pointed out, he is perfectly able to revise his figures on a day's notice when necessary. I bet he waits until after earnings are announced to "revise" his rosy forecast to acknowledge the truth of the 10-Q.

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