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

To: Skeeter Bug who wrote (43993)	3/18/1999 10:09:00 AM
From: John Graybill	Read Replies (3) \| Respond to of 53903

MU 54 3/8...I wonder who They think they're squeezing this time with this way-too-straight forced march. Don't they know that they've been telegraphing 55-60 for the entire month, and practically everybody is positioned that way? I've watched it run from 48 to 54 and the most anxiety it's producing for me is whether I'm gonna be able to catch a peak when I buy back my short 55's and catch a little dip when I roll them to short 60's. (light bulb) Oh that's right! Earnings are about to be announced! I guess they must be good, that's why the stock is running up! The insiders know, yeah that's it! That Goldman Sachs downgrade, the day before quarter officially ended, when Micron would have known almost exactly what they were going to make and could have told one of their favorite collusionists, was just a guess! Yeah, that's it!