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Technology Stocks : Micron Only Forum

MU 237.50

-1.5%

3:59 PM EST

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To: richard li who wrote (17334)	8/7/1997 10:25:00 AM
From: j g cordes	of 53903

Good points richard: You use the term "elasticity" to describe stock pricing. I've done the same and feel its a very good way to potentially model stock pricing... becasue there are so many variables including sentiment (how people feel! how would you measure that). Elastic coefficients would serve to show that a stock price is compressed or at the point of snapping. Regarding penetration into the homes with 64mram chips... its happening now in the design labs and manufacturing floor of combining TV with computers to have a box that does both types of surfing. Certainly the future of memory production is growing, the only momentary question I have is of MU's stock price being too high relative to future profits in a very competitive world. good luck Jim

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