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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: John Graybill who wrote (47620)8/11/1999 6:02:00 PM
From: John Graybill  Respond to of 53903
 
Whoops, a chink in the armour. This was just on Market Wrap:

CNBC 8/11/99 - 5:49:28 PM

One group is the semiconductor, stocks like micron technology up 73% over the past three months. Any value left in those stocks?

Not a whole lot. We like a lot of members in the group last fall but they've had tremendous runs so they're momentum place. If you want to play momentum, stay a little longer but don't be shy about taking profits.

Thank you for coming, appreciate your insights.

Our thanks to david katz, chief investment officer, matrix asset advisors.

tveyes.com

David, bearish opinion of MU is decidedly out of favor this past week. Better have somebody else start your car on the way out of the CNBC parking lot tonite. And don't order French Fries for a while. :-)