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Technology Stocks : Micron Only Forum
MU 237.16+4.6%Dec 5 9:30 AM EST

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To: mike iles who wrote (24875)12/8/1997 4:51:00 PM
From: Trey McAtee   of 53903
 
mike--

very true. people who are thinking about costs declining at the same rate, every q, are delusional. it should be thought of as an asymptotic line. as you approach baseline, the curve stretches to infinity.

in other words, you get to a point at which the gains just stop. that is where we are now. in the near future, they should have their new equip up and running. then they will reduce again, but until then....

good luck to all,
trey
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