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


To: TREND1 who wrote (34876)6/13/1998 11:46:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
The last chart showing weekly plot of Micron's
estimated May 98, Year 98 and Year 99 earnings has
been emailed to members of my FREE EMAIL LIST.
Micron stock and all three earnings estimates stand
at the lowest values since Mar 16, 1998.
...................................................
We must wait for the future to see if MU's stock price
or MU's estimated earnings turn up first ????
.....................................................
To join send email to LDudash@pacbell.net

Larry Dudash



To: TREND1 who wrote (34876)6/14/1998 10:49:00 AM
From: Thomas G. Busillo  Respond to of 53903
 
Larry, thanks. On the 20-day BB's MU did show the classic "sell-off may be over" back in Dec. as well, in that the second leg down to 22 occurred in the band, after it sort of cascaded down w/ lower lows penetrating the lower band.

For a jack of all trades, master of none like me, B-bands are a handy way to compare the potential for reversals across a lot of issues and get a visual lead on some contracts that might have had some of the volatility squeezed out of them and be ready to explode.

Earnings always make this thing really funky.

If it was trading <18 3/8 AND the $SOX was +/- 5 pts. of 200 AND it was August - even I'd chuck the FA and probably take a fly on a long-term call <g>

Good trading,

Tom