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Technology Stocks : Micron Only Forum

MU 201.36

-10.9%

3:59 PM EST

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To: DavidG who wrote (45705)	5/10/1999 12:00:00 PM
From: John Graybill	Read Replies (2) of 53903

It looks like "my compadres" are sitting back and waiting to see if MU breaks through the 20-day MA or continues to bump its head against it. Low volume Friday and today. Last two times it broke above it was during big-time tout-festing. Being long now is a bet that MU will be stronger now on its own prospects than it was back in early April with the analyst community using all their talent to make it look like it was starting to run away. Like I said a couple of days ago, if it stays above 40 for more than a couple of days, the joke's on me.

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