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Technology Stocks : Micron Only Forum
MU 252.55+2.3%1:13 PM EST

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To: Thomas G. Busillo who wrote (36191)7/14/1998 12:52:00 AM
From: Skeeter Bug   of 53903
 
tom, this is funny. applesauce was out in public saying that acquiring ti dram will allow them to be profitable in the near future.

why is it that their hype never matches what they submit to the sec...

to joe public: korea is almost out of dram.
to sec: gee guys, we have no way of knowing anything about korean inventories.

to joe public: we'll acquire ti's dram and be profitable soon.
to sec: gee, guys, you seen our balance sheet? looks ugly. you seen our operating situation? looks ugly. you know this acquisition could hurt us badly if dram doesn't pop 200%.

what a joke, i have to say that joe public and joe mutual fund manager have very little ability to think rationally. these guys and gals are dumb!
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