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Technology Stocks : Micron Only Forum

MU 210.24

+4.4%

3:21 PM EST

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To: John Graybill who wrote (43931)	3/17/1999 11:08:00 AM
From: John Graybill	Read Replies (1) of 53903

Looks like They have MU held by the pre-earnings tractor beam. All the broad markets have taken significant moves down in the last half hour (DJII below 9900, at 9875 as I type, is significant IMO), but MU is in its own world. 52 held the drop a couple of days ago and looks like it's resistance now. 50 might be well-defended again. Gonna try to play that range today or tomorrow and roll my short March 55 puts down to April 50's. If they run it to 55 or 60 by Friday, fine. Lets me buy 'em back Friday and sell 'em next week when MU drops back to the 40's. p.s. DJII now 9872, uh oh

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