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Technology Stocks : Micron Only Forum

MU 254.19

+7.2%

12:09 PM EST

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To: Fabeyes who wrote (48271)	9/14/1999 6:35:00 PM
From: Tony Wang	Read Replies (2) of 53903

If MU was doing this rally singularly, I would be suspicious of this rally. But it seems to be industry wide, including the chip equipment makers. For those guys to increase their sales, means purchases from chip makers. For chip makers to buy, after the last two disastrous years of inventory overhang and overcapacity, they must be pushed to the edge with current sales and unsatisfied demand. Just one man's analysis.

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