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

To: Stephen M. DeMoss who wrote (28099)	2/9/1998 11:08:00 PM
From: Skeeter Bug	Respond to of 53903

steve, i bought some puts today on mu the bow wow. will add if it elevates above $40...

To: Stephen M. DeMoss who wrote (28099)	2/9/1998 11:28:00 PM
From: HPilot	Read Replies (1) \| Respond to of 53903

Steve, That is only one downgrade after several upgrades. You may be right but SDRAM and EDO prices are up. Asians have to buy materials to make much of their chips from overseas. At the same time they need to become profitable so they need to see prices go up. This stock seems to trade on a future that is much further out than I can see. Maybe some on this board think they can but I do not think so. I think you should throw away all of the fundamental rule's you use on most stocks and just go with the current trend. Of course the trend may change soon. So wait until it does before you short this one. BTW. You still long on Ampex? It is starting to look a lot better!