SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (28937)2/25/1998 12:47:00 AM
From: CHIP HUNTER  Read Replies (4) | Respond to of 53903
 
Skeeter go read the recent news reports on MUEI.... The news of a significant writedown was expected by one of the brokerage houses when he lowered his earnings estimates from .40 to .11.... When he did this on 2 /3/98 the stock went up!!! I got a feeling that the stock may go down a little in the morning and then it will recover, the NEWS WAS EXPECTED!! MU is about to take off again i wouldn't want to be too complacent in my short Skeeter. Use any short term weakness as an oppty to get out of your short, over the next few months this stock will be significantly higher!!