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

To: Wayners who wrote (31907)	4/8/1998 10:18:00 PM
From: Chas	Read Replies (2) \| Respond to of 53903

Wayne, I have good luck on every play since the last week of Feb. I had good knowledge of what effects DRAM and dumping news might have on MU. Now, I have only a rumor that papers for additional dumping charges for DRAM are in Washington to be filed. I have no way to know when or even if they will be filed. Micron may be waiting for the right moment to do this, or may end up backing off. It may cause the DRAM market to stabilize some say. I really dont know if it will or not, it like predicting interest rates. That is the only thing left that I can think of that could cause Micron to reverse course right now. The DRAM market as it stands is in a downward spiral as over supply continues. Some suppliers are dropping out with older technologies and some are lagging with the newer technologies but no real change. This 64M pricing will be heading down to <$8 before year end. I hope Micron gets those shrinks working because they will need them to survive. I would love to hear some technical analysis on MU. Does everyone think MU is heading to 25? Good trading.