Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Graybill who wrote (43683)	3/11/1999 5:03:00 PM
From: Si_Detective	Respond to of 53903

NSM's report will help its descend.

To: John Graybill who wrote (43683)	3/11/1999 5:09:00 PM
From: Tony Wang	Respond to of 53903

MU: 3:58 = 51 7/8 , MU: 4:00= 53 7/8? What's up with that? Perhaps a large institutional order? First time in 3 days MU traded with a little life.

To: John Graybill who wrote (43683)	3/11/1999 5:12:00 PM
From: J. P.	Read Replies (2) \| Respond to of 53903

The NYSE MU specialists outdid themselves today. That closing price action did not smell good. Selling off on monstrous volume all day against the backdrop market rally, and gaps up 2 at the closing bell...

To: John Graybill who wrote (43683)	3/11/1999 5:30:00 PM
From: Earlie	Read Replies (3) \| Respond to of 53903

John: TXN has already pedalled their MU "notes" and will sell their stock "at the appropriate time". Might that be ASAP? (g) As you note, that market close was amazing. Might have something to do with the fact that the funds are buried in this thing and in "size". Capital already filed to sell and some funds have already commenced unloading (also in size). So far, the warnings period in PC/semi land has been worse than a bummer. Not a single piece of good news in sight. But of course, the analysts still try to pump it up. Now where will all those memory chips be sold? Sure as heck they all are not going to be soaked up by the shrinking PC pie, so look for nonsense about DVD, and "appliances", etc. (g) I'm enjoying the ride already, and we still have a nice long slide still ahead. Best, Earlie