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

To: TREND1 who wrote (36853)	8/3/1998 10:15:00 PM
From: VLAD	Read Replies (1) \| Respond to of 53903

Larry, You should know by now that Skeeter's remarks are based on logic, fact, and fundamentals. Those who know how to play with this trading sardine properly can make a lot of money. Everybody here knew that TK was full of it last summer when he pumped this BODV up to 61 but nobody thought that MU could move up that high based on fundamentals. By now I have learned that this dog's price has nothing to do with reality. Like you say, forget about fact and trade with the trend even if you know that MU isn't worth $15.00/share let alone $34.00.

To: TREND1 who wrote (36853)	8/3/1998 10:22:00 PM
From: Skeeter Bug	Respond to of 53903

larry, that is their rate NOW. what don't you understand about NOW? does NOW impact the future? larry, why do you use long term investment vehicles like stocks to trade short term? you do not see b/c you do not want to see...

To: TREND1 who wrote (36853)	8/4/1998 1:45:00 PM
From: Trey McAtee	Respond to of 53903

larry-- oh hell.....we know the cycle will swing the other way, the question is when. its going to be a while, especially with DRAM production moving to sub-.3 micron geometries. yes, costs will go down, but so will ASPs. it may be next year before we see any real signs of recovery, so why do i want to go long now? most people arent like you and david...i for one dont have enough zantac<G>, and we dont trade. lets talk realistically...knowing what we know...is it safer to buy at 20 than it is at 30? yes. is it relatively safe to buy puts in the 30s? yes. all i know for sure is that the company just isnt worth this much right now. ST, i may not be right, but over the next 3 months i have no doubt. good luck to all, trey