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

To: Amjad who wrote (29900)	3/10/1998 6:18:00 PM
From: TREND1	Read Replies (1) \| Respond to of 53903

Amjad I just thought you were a grown up and could make up your own mind (g) Larry Dudash

To: Amjad who wrote (29900)	3/10/1998 11:42:00 PM
From: Kerry Phineas	Respond to of 53903

Amjad, some of us did catch the golden goose last fall. Personally I have no clue whats going to happen with MU in the near future, but I plan to have some small position in puts 1) out of the money and 2) a considerable time frame away. I'm surprised that people who follow TA have such a feeling of indifference for the current fundamentals, but I've been surprised about that with MU for a while. On a side note, part of the reason that MU bulls (not daytraders, a different breed) buy in is because they believe that they'll receive the golden goose; ie they'll own a stock that rises considerably for no valid fundamental reason, a la the rise last year until August or the rise to 94 during '95. (Note: I think MU has some strengths as a company, but that doesn't mean its worth 8 billion dollars; the market isn't terribly efficient right now, and hasn't been for the last few years imo). bwdik. I'm short MU because I think its an intelligent bet. I'm not short much MU because I think its a risky bet. Good luck.