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

To: DavidG who wrote (36594)	7/28/1998 9:21:00 AM
From: Thomas G. Busillo	Respond to of 53903

David, Herb Greenberg had a mention of MU in today's TSC: Paradoxically: Yesterday's market turnaround can be explained, in part, to chatter that DRAM memory chip prices had started to lift -- news that caused Micron (MU:NYSE) to leap 8%. Never mind that my best DRAM sources say their sources in Taiwan say it's not true. Never mind that Micron's profit margins are a negative 50%. Never mind that we've seen this same song-and-dance all too often... thestreet.com I'm just happy to see that it looks like it was Chuck Boucher/DLJ touting the stock (DLJ, tremendous call on CATP yesterday) at the "Informed" Investors shin-dig that pushed the stock and not something meaningful. Waiting for Chuck Heston to pop up <g> Good trading, Tom