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


To: TREND1 who wrote (33003)5/8/1998 10:06:00 AM
From: Mike M2  Respond to of 53903
 
Larry, I have learned the hard way with MU that deteriorating fundamentals do not translate into a declining stock price-at least in a timely manner so I have stopped playing MU options for a while. I do agree with the forever bears that MU is dead meat but I think you and David have the right idea trade MU. I have no problem shorting MU but I will not go long because I believe the fundamentals for MU will deteriorate for the rest of the year and beyond and hit the elusive single digit stock price. If the bears get testy I hope you understand it is frustrating to watch a stock totally ignore reality ( as we see it) Mike foreverbearish on MU !



To: TREND1 who wrote (33003)5/8/1998 10:46:00 AM
From: TREND1  Respond to of 53903
 
Texas Instruments won't comment on selling and Micron is similarly mum on buying.