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

To: Zeev Hed who wrote (47867)	8/28/1999 10:51:00 PM
From: Proud_Infidel	Respond to of 53903

Zeev, What do you see as attractive ST trades in the equipment sector? CYMI had its run recently and hopefully will have a pullback to 32. Not much is dirt cheap anymore. WFR at 21! Who would've guessed that one year ago? What are your turnips saying? Are you expecting a tech meltdown in the Oct timeframe? TIA, BK

To: Zeev Hed who wrote (47867)	8/29/1999 3:00:00 PM
From: Kerry Phineas	Respond to of 53903

Zeev, whatever happens with MU, it definitely has to keep moving upwards in order for the touting to continue to prop up the stock. I remember right before earnings in spring of 97 when we had a similar ramp job, but it sold off after earnings fairly dramatically because in the intermediate term people are leery of MU. Of course there was a convert sold in the summer during another tech runup/ramp job. imo people do these ramp jobs on MU to ameliorate current actions they are taking and not to increase the odds of something they have planned for the future.