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Technology Stocks : Micron Only Forum

MU 257.28

-2.5%

12:34 PM EST

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To: TREND1 who wrote (42)	5/20/1996 12:50:00 AM
From: space cadet	of 53903

Larry, thanks for the good news. I was pondering whether to unload my remaining MU puts but this price cut puts real pressure on MU's stock price. The one obvious prop holding MU up in the 30's is the continuing hi-tech rebound now going full blazes. It appears there is some apparent uncertainty surrounding this company's abilities with 16 Meg Ram. I would be interested in your or anyone else's opinions on MU's rumoured problems with 16 MRAM. If the hi-tech shoot em up ends with a crash MU should stumble badly. So it still has some hedge value even though all the other hi-tech stocks have zoomed.

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