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

To: johnlea who wrote (36696)	7/30/1998 11:38:00 AM
From: Bipin Prasad	Respond to of 53903

john, As long as dram price stays up, MU won't go down much for some time. One upgrades, two upgrades will lead more for they don't want to miss out up trend. The same fear that led them to dump MU to 20s will lead them to new highs. We'll see profit taking from to time to time, but trend in general will be up till Sep, imo. I wouldn't waste money on puts unless it's very short term trade. If dram price goes down, all the bets are off. But I don't see it'll in near future. Back to school and xmas for oems are around corner and win98 is plus for dram biz. later, InSook

To: johnlea who wrote (36696)	7/30/1998 11:54:00 AM
From: DavidG	Read Replies (2) \| Respond to of 53903

John, Why am I NOT surprised at your comments?<g> Good Luck DavidG