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

To: dumbmoney who wrote (33270)	5/13/1998 9:52:00 AM
From: DavidG	Read Replies (2) \| Respond to of 53903

Dumbmoney The question is how long are the funds going to hold this dog waiting for the recovery which nobody can predict. Fund managers are not known for being patient...I expect a massive dump sometime between now and the June earnings release. But I've been wrong before! Maybe a different question you might ask is "Are the fundamentals known to us now any different then 2 months ago"? If not, then, why didn't the fund managers dump MU then, when it is known to all that techs are high priced in the spring, and seasonally drop in price during May June and July, irrespective of fundamentals? Good Luck Trading DavidG

To: dumbmoney who wrote (33270)	5/13/1998 10:40:00 AM
From: TREND1	Respond to of 53903

DM you wrote <<The question is how long are the funds going to hold this dog waiting for the recovery which nobody can predict. Fund managers are not known for being patient...I expect a massive dump sometime between now and the June earnings release. But I've been wrong before!>> DM Please go study cycles. The HOG cycle was the first one I studied. Also study oil in the 1920's ! Very interesting ! Then you to will see how reasonable it is for the "FUNDS" to put a little money in Micron...not a large amount, but each FUNDS puts in just a little.... And that adds up to MU staying at 29...so far Larry Dudash