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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (14289)	8/9/1998 9:52:00 PM
From: Sonki	Respond to of 42787

Market has a short memory..MU. (pun intended) About two months ago, chip company after chip company pre-announced earnings warnings... In our opinion, stock must vulnerable to pullback is Micron (MU) as stock has rallied big off its recent lows on firmer DRAM pricing... However, at first sign that DRAM pricing is softening again stock will crumble... Briefing expects to see stock back at 25 in next 6- to 12-months. DLJ upped its rating on National Semi (NSM) from buy to "top pick." (from briefing)