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

To: TREND1 who wrote (28603)	2/18/1998 3:36:00 PM
From: Ted The Technician	Read Replies (1) \| Respond to of 53903

So what works? EOM

To: TREND1 who wrote (28603)	2/18/1998 3:43:00 PM
From: DavidG	Read Replies (1) \| Respond to of 53903

Larry, Good points but unfortunately you are just preaching to the choir.<g> F/A certainly has its place, and in long term INVESTMENTS you have to do your homework...but MU is just a different beast...something other than a long term investment...and the only analysis that seems appropriate is the Technical type(with an understanding of the changing fundamentals). Well...MU shows some support at 33 3/8 -5/8 and some overhead resistance around 35-35 1/8. I have my MUPGs in place for tomorrow and, as Bateman would say, some stink bids in for a few more. Good Luck Trading DavidG

To: TREND1 who wrote (28603)	2/18/1998 3:58:00 PM
From: yard_man	Read Replies (1) \| Respond to of 53903

What percentage returns have you booked on your MU plays since you've been playing it? FA doesn't work for 30 minute or even 1 - 2 week trades. Some folks have a little longer time horizon. I think it's a matter of perspective.

To: TREND1 who wrote (28603)	2/18/1998 6:19:00 PM
From: Tim McCormick	Read Replies (3) \| Respond to of 53903

LJD, FA doesn't mean historical earnings. This is FA- news.com Soon there will be no memory chips in PCs. MU has no cash flow. MU pays no div. What does an investor get from MU? -0- Good luck, Tim

To: TREND1 who wrote (28603)	2/18/1998 10:35:00 PM
From: Chas	Respond to of 53903

Larry, That was a great post on using FA on Micron. I got a smile after reading it. You are so right. Keep up the good work on MU.

To: TREND1 who wrote (28603)	2/19/1998 12:11:00 AM
From: Skeeter Bug	Respond to of 53903

larry, don't put something down when you have no clue what it is. and i mean no clue. f/a includes macro market conditions going forward, not just past earnings. f/a inclufes micro market forces going forward, not just past eps. when mu was $60 all you ta types said everything was great. nobody cared about eps. yeah, right. the reality is that people expect the market forces to drive dram's supply demand forces in the favor of demand. the price rose given this view. this view is wrong. people will figure this out and i think a nice $0.30 loss will drive it home. maybe not. we'll see.