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Technology Stocks : Micron Only Forum
MU 338.63-1.4%3:59 PM EST
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To: Mike M2 who wrote (33459)5/15/1998 8:09:00 PM
From: Carl R.  Read Replies (1) of 53903
 
mike, they are certainly smaller, and unlike some competitors lack the taxation power <G>, but many of the competitors are pretty weak right now. Devalued currency prevents buying new equipment, very high debt to equity ratios, etc are problems of some asian competitors. To me the future winners are unclear. Unlike many here I am unwilling to write off MU.

At this time I remain on the sidelines.

Good luck,

Carl
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