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Technology Stocks : Micron Only Forum
MU 244.00+1.2%10:18 AM EST
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To: Kerry Phineas who wrote (30979)3/21/1998 8:50:00 PM
From: Knighty Tin   of 53903
 
Kerry, The great lesson on book value was the railroads. When they all went bankrupt, they had huge book values. The problem is, who is going to buy tens of thousands of miles of rail and skinny rights of way when trains had become uneconomic to operate? The answer was soon discovered. Nobody. yes, we all need iron in our diet, but not that much. -g- MB
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