Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TREND1 who wrote (33389)	5/15/1998 9:14:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

larry, i believe mu will in the teens this year with a high probability. a 60%+ drop is hard to call. single digits c/b next year sometime.

To: TREND1 who wrote (33389)	5/15/1998 9:30:00 AM
From: DavidG	Read Replies (5) \| Respond to of 53903

Larry, A lot of postings last night, takes a while to get through all the fluff. I guess the bears are out of hibernation and talking up their silliness again.<g> Weren't they saying teens and possibly single digits in the September October time frame.<g> Well they got some support from Kurlak this morning, we'll see how far that goes. Before Kurlak spoke I was looking at MU at 29 1/2 to 30 today...not sure now. Maybe 35 or 40?<vbg> Larry, I just don't understand it. These bears come out in such large numbers and talk down MU while placing their silly bets and then spend the next month or two trying to break even on those bets.:-) I guess they think that the majority of the people actually listen to them and will go out and sell their positions real quick.<vbg> If anything they are truelly a contrarian indicator, since I notice that when they usually posts such high numbers as last night, MU usually reacts in the opposite manner.<g> Good Luck Trading DavidG