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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Stull who wrote (3532)10/24/1997 11:02:00 AM
From: AlienTech  Respond to of 120523
 
MU is near its resistance point around 30. Should have some good support there. If the market gets better it should go back to 35. Now sure if MU is an earnings play, They might not have great earnings, DRAM prices are 10% lower this year.. And the 64megabit chips arent doing too good.. Same reason TXN was downgraded even though TXN dosent make much in DRAM.