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

To: Richard Russell who wrote (28396)	2/15/1998 2:41:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 53903

Richard, I would venture a guess that MU has been going up because the buyers were more ardent than the sellers (and possibly more numerous). The market still discounts events far in the future, and the combination of an upblip in DRAM prices together with the "Possible Promise" of capacity shut down due to the Korean and rim problems in general, brought about the hope that, "around the corner", there are better prices and profits for MU. That nascent "entusiasm" may wane, however, as fast as it was born. Just do not fight the trend. You may want to add to that the stealth influence of MU's non dram activities which may start and pay off in six to 12 months. Zeev