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Technology Stocks : Micron Only Forum

MU 230.52

-4.7%

12:09 PM EST

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To: DavidG who wrote (45801)	5/14/1999 4:03:00 PM
From: Sridhar Srinivasan	Read Replies (2) of 53903

David: I personally would not hold any PUTs at this critical junction. 36 is critical support. Why would you say so (other than that being the low during the month of April)? Does the criticality for 36 stem from anything fundamental or is this a purely technical issue? (or in my parlance, mumbo jumbo that has very little basis in reality/science) Also, would you hazard a guess as to which way mu is headed next week? (and I would ask you to provide more reasoning than something like the 200 day DMA being 3.7 percent above the 50 day DMA which is asymptotically headed away from this part of the universe :-)) Best Regards, Sridhar

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