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: TREND1 who wrote (29692)3/7/1998 10:46:00 PM
From: yard_man  Read Replies (1) | Respond to of 53903
 
The stock does go down Larry -- I know that cause I've looked at a chart, too. What's on your mind?

Mutual funds sell issues once in a while that don't perform. What's the institutional ownership?



To: TREND1 who wrote (29692)3/7/1998 10:55:00 PM
From: yard_man  Read Replies (2) | Respond to of 53903
 
Short interest is quite high. You're right. This one may have to go to 45 or 50 before it takes a nosedive. However, if the market takes a hit this one ain't gonna do well and there be fewer people happy -- those that are short or have puts.

There are better candidates to make money on the downside that is granted, but the "fund" a mentals are so bad right now. I think I'll hang in a little while and see what happens. I didn't bet the farm and I probably won't bet any more unless there's a huge surge that decreases the short interest a tad.