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Technology Stocks : Micron Only Forum

MU 237.50

-1.5%

3:59 PM EST

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To: phbolton who wrote (46949)	7/7/1999 9:17:00 AM
From: Patrick Hennessey	of 53903

ph, "Micron may continue the price cutting and sell at a loss, but Samsung will not", sounds to me like Samsung's starting to cry uncle! I'm surprised at their response to Micron tightning the screws on the industry. This sounds to me like they are having trouble competing and trying to get a cease fire with the rest of the industry. Also if this is true then it appears that pricing has bottomed and the next moves in pricing will probably be up. Back to school, and Christmas will also be a big help. Pat

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