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Micron Technology, Inc. Message Board

  • boyce43 boyce43 Jun 27, 2000 4:17 PM Flag

    LL Fundamentals

    Fundamentals tell me, with EPS growing and
    forecasted to grow even more with the chip demand, that this
    stock will continue to rise into the peak of the chip
    demand which should occur next year. You are right, no
    stock goes straight up, however, I would not be betting
    on a 17% decline into the 70's in the next few
    weeks. Fundamentals tell me that this is a quality stock
    to hold for the next 1/2 to 3/4 year for the rest of
    the rise before selling with a lot of the profits
    left to be made.

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