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 246.84

+4.2%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud_Infidel who wrote (46794)	6/25/1999 11:18:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

brian, i don't see mu being helped. demand for pcs is too elastic right now. higher price = fewer relative units sold. 8 weeks of inventory and counting. $28 mil loss w $7 asp. spot in low $4s... mu's "incentive" program hasn't kicked in yet... disaster... btw, mu might make a few dimes in 2k and 2001. so what? cash is flowing out $200 mil gone last q, much more this q... mu is a value... at $3... maybe a buy at or below $10... at $40? no way, jose! jmho...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next