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

To: jhg_in_kc who wrote (51345)	5/31/2000 6:29:00 PM
From: Land_Lubber	Respond to of 53903

Although I haven't traded MU recently, I have been a "cautious" long on MU since May 10, and have consistently said so in nearly daily posts on Yahoo. The problem for me is that there are large conflicting forces at work on the Micron stock price. These forces have tended to balance out on the plus side since May 10, but it is very unclear how long this will continue. These days, when the market is rising, I have found AMD to be a better long choice than MU, and when the market is breaking, I have found INTC and RMBS to be better short choices than MU. I continue to watch MU closely, as it often is an extremely profitable trading stock. At the moment I don't have enough conviction to trade MU long or short, but if I had to choose it would be long. At least it would have been from May 10 to today. After today, maybe not anymore. I am a trader only--i.e., my investment capital is not actively managed (mostly in a T-Bill fund since April'99), only my (smaller) trading capital is what I "play" with. I trade exclusively current month stock options and rarely hold a position to expiration (just so you know where I'm "coming from"). Land_Lubber

To: jhg_in_kc who wrote (51345)	6/1/2000 3:48:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

jhg, niles is one of the same analysts that called for a "strong second half" three years in a row and was DEAD WRONG. he said it last years and got bailed out by an earthquake and a rambus fiasco. he's saying it this year. so, he's 1 for 4 and a nat'l disaster bailed him out for his only "win" - which was quite temporary. do you think there will be another nat'l disaster? do you feel lucky? ;-) did he say mu makes less this q than last q? did he? did he warn buyers that this q doesn't look good at all and will include a retraction of earnings instead of growth?