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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: Skeeter Bug who wrote (41235)12/4/1998 8:25:00 PM
From: JungleCat  Read Replies (2) of 53903
 
Skeeter,

You ought to know the trend by now. This DRAM business is CYCLICAL. Prices will come down when there is a glut again. And when there's a glut, DRAM manufacturers who do not have deep pockets will probably bail out....and guess what happens next??? There's a shortage again!!

Yes, MU stock price WILL come down. What doesn't make sense to me is that there's an opportunity to MAKE money both ways, but most don't see it that way!! They are tied too EMOTIONALLY to MU one way or another ;)!!
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