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Technology Stocks : Micron Only Forum
MU 236.48+2.7%Nov 28 9:30 AM EST

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To: Amir Shalit who wrote (287)6/11/1996 3:04:00 PM
From: HB   of 53903
 
Amir, I don't think it's that simple. If everybody cuts
production, prices could go up... or they could just not
go down quite as fast as they would have if production had
been maintained. Except for short-term fluctuations, maybe,
I think the latter is what will happen. Which is why I will
seriously consider shorting MU if it rallies on a non-disappointing
earings report (unlikely, I think) and/or temporary price firmness
based on Far East cutbacks...

Howard
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