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Technology Stocks : Micron Only Forum

MU 252.79

+2.4%

3:44 PM EST

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To: Chas who wrote (31323)	3/26/1998 9:40:00 PM
From: Zeev Hed	Read Replies (1) of 53903

Chas, I realize MU is bleeding heavily, but they can continue and bleed at this rate for close to a year before they run out of cash, thus I am not sure if we can declare them "dead meat" that easily. If Japan wakes up and start serious stimulation of their economy and just one of the three Korean Poker players withdraw from DRAM, MU might do quite fine six months hence. Sure, I think it might revisit 22 and possibly even the middle teens (less sure of that than I was in November, however, the market in general is trying to tell us that despite SEA everything is dandy <g>). Zeev

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