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

To: JungleCat who wrote (48455)	9/20/1999 5:48:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

jc, i nearly always get mu right. 95%+. i was wrong on an inventory holdback a few years ago. but the end was worse than if they hadn't held back mu. the stock is a different story. btw, congrats on buying at the bottom of the dip. have you sold yet? why is it when mu hits $20 the folks who bought at $50+ don't visit this thread? any ideas? ;-) mu is toast.

To: JungleCat who wrote (48455)	9/20/1999 5:51:00 PM
From: Land_Lubber	Respond to of 53903

I think SB's comments on Micron's business aspects are only rarely off the mark. What we have been seeing recently is an nice exaggeration of the MU share price based on the perception of brighter business prospects in the future. While I agree with SB that this perception is an illusion, the fact that a lot of money shares this illusion makes perception a reality, and I have been long on this stock since August 31. Someday the bubble will burst. I just hope that I sell my calls and buy puts on that day. Land_Lubber