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Technology Stocks : Micron Only Forum

MU 201.37

-10.9%

Nov 20 3:59 PM EST

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To: John Graybill who wrote (44356)	3/25/1999 4:46:00 PM
From: phbolton	Read Replies (2) of 53903

I'm doubly (or more) surprised. The earnings report was mostly better than I expected (before the last minute Niles & Gruntal musings which were mostly convincing) except for the inventory and receivables which showed healthy growth. MU's big drop today surprised me. Inexplicably caught a few minutes of CNBC at the open and Maria B was smiling and saying MU's earnings were leading INTC and AMAT and the techs up (talk about mindless). Hoped for, and expected at least a brief run at 55. Like Larry could not get a single short/put order filled today but probably played the limits too tight and was also away much of the day. Is 50 tomorrow too much to hope for?

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