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Politics : Ask Michael Burke

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To: Skeeter Bug who wrote (64121)	7/7/1999 12:39:00 PM
From: Freedom Fighter	Read Replies (2) of 132070

Skeeter, I am convinced that the stock price resistance by MU is based on the bull's belief that the overcapacity and low prices for DRAMs are a cyclical phenomenon. No amount of short term losses or disappointment is going to break them. They are looking for a mythical place outside the valley. Unless it is demonstrable to them that MU's business is damaged permanently and without hope we are stuck in the mud. Wayne

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