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


To: DJBEINO who wrote (31602)4/1/1998 11:20:00 PM
From: Chas  Read Replies (2) | Respond to of 53903
 
DJBEINO,
Thanks for the article. I do not think the stock went up because of this SRAM related statement.
The reason MU went up is the rumors of Micron filing dumping charges against more memory suppliers. This is yet to go public. If this goes public this week, then maybe by then the stock has done all it can in the upward direction and it will think about it for a couple of days before sinking back to ~29.
Its anybodys guess, if MU will go any higher. I would tend to believe it would go higher the day this announcement hits, but like most have stated here, it normally falls back after a few days.
Good trading.