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


To: Skeeter Bug who wrote (37215)8/11/1998 7:22:00 AM
From: Chas  Read Replies (1) | Respond to of 53903
 
skeeter,
I would not be too sure about puts, although anything could happen,
I would not base any decision on Dataquest outlook in case if thats your basis. Dont get me wrong, I just do not see a clear signal down.
No question MU has a rough road ahead, but does have some profit potential short term if they indeed have 50% wafer starts at .21um and the DRAM pricing holds. alot of if's. I personally do not see how they can upgrade those FAB's etc, without incurring lots of cash flow drain and pain. The stock could have some upward potential if some clearer signals come out over the next week or so on continued DRAM firming.
Good trading.