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

To: TREND1 who wrote (43401)	3/2/1999 11:41:00 AM
From: Cynic 2005	Read Replies (1) \| Respond to of 53903

Larry, you may be right about the whip - for which MU needs a lot of shorts. Unfortunately, they have taken the 30 mil+ shorts (shares) and shot about 25 mil of them by mid Feb. #reply-8023014. Assuming that this number double to 10 mil in the last 3 weeks, potential dumpers (longs) outweigh shorters by about 23 to 1 ratio (let us assume all 10 mil of them are shorted by easily scarable bears.) To paraphrase in your words, MU needs to develop strength from the rest of the techs and the market in general. Or, it will lose this round to the bears. Then again, IDKJS! -Mohan