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Technology Stocks : Micron Only Forum
MU 232.46-3.9%2:00 PM EST

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To: Knighty Tin who wrote (45680)5/9/1999 8:13:00 PM
From: Robert  Read Replies (7) of 53903
 
Mike B, Fleck, John G, Fab, Larry/Hal, Carl, ph, Tom B, Earlie et al --

What do you all make of our favorite straw man stock at these levels? DRAM prices continue to plummet, but MU's stock price has stabilized. I am very tempted to buy more puts, but I am much less confident buying them here with the recent price action than I was back in the easy money days with MU in the 70's <g>.

I guess I am torn as to whether Carl's thesis is correct and we are nearing the bottom. It just makes me wonder how in the world MU's price could actually RISE under the current circumstances. I fear I am missing something.

TIA for all responses.

-- Robert
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