SI
SI
discoversearch

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: DavidG who wrote (45801)5/14/1999 3:58:00 PM
From: phbolton  Respond to of 53903
 
DavidG: ASPs are still plummeting: for example, PC100/128MB crossed the $90 barrier at retail today and there is now supply at $89....



To: DavidG who wrote (45801)5/14/1999 4:03:00 PM
From: Sridhar Srinivasan  Read Replies (2) | Respond to of 53903
 
David:

I personally would not hold any PUTs at this critical junction. 36 is critical support.

Why would you say so (other than that being the low during the month of April)? Does the criticality for 36 stem from anything fundamental or is this a purely technical issue? (or in my parlance, mumbo jumbo that has very little basis in reality/science)

Also, would you hazard a guess as to which way mu is headed next week? (and I would ask you to provide more reasoning than something like the 200 day DMA being 3.7 percent above the 50 day DMA which is asymptotically headed away from this part of the universe :-))

Best Regards,

Sridhar



To: DavidG who wrote (45801)5/14/1999 5:24:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
David
HAL remained on a buy for MU, but just by a hair.
YES ! I agree 100% with you !
36 is a very important number.
Larry Dudash