Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 242.58

+0.6%

10:39 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: william j cap who wrote (5815)	12/11/1996 12:24:00 PM
From: Vasu ganesan	of 53903

Hi William: I only stated that most all of todays negative rumors were refuted. From an another perspective, and especially because of false rumors, can it be that the bears are fighting a "last ditch" battle. I fully agree that a lot of people got burned by MU and it is tough to change the outlook (anger is tough). My only quest is to find if MU has bottomed out. The market ALWAYS rewards companies on a up trend (it is also true the market punishes ANY company on a down trend). Most all companies are comodity plays (expect the monopolies, e.g. Intel). I feel the market perception is that MU's management did indeed do a good job to manage a drastic price decline and so will reward MU if the market feels if MU has indeed bottomed out. The flash point may come on 16th. For now what MU says at Montgomery will provide a good insight. By the way, all most every one is well aware of DRAM prices.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next