A Discussion re. Memory: MU CY TXN ALSC IDTI ISSI etc. Message Board

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Technology Stocks : A Discussion re. Memory: MU CY TXN ALSC IDTI ISSI etc.

TXN 161.46

+0.6%

Oct 31 9:30 AM EDT

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To: Cardin Drake who wrote (105)	12/13/1996 7:29:00 PM
From: Just4fun2	of 138

If you wait until good news hits (earnings suprises, upgrades etc.) you will miss the ride. Contrary to popular belief, chips are not commodities. They are cyclical in nature. This time INTC is leading the way up. MU,TXN, CY, and others are playing catch up. Barring a major market correction, they should go higher in the near term. I agree, however, that earnings are the key. MU earnings on Monday will give us an barometer of the chip makers recovery.

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