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Technology Stocks : Micron Only Forum

MU 240.85

-4.9%

3:58 PM EST

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To: Steve Robinett who wrote (50459)	1/31/2000 2:08:00 PM
From: Glen2	Read Replies (2) of 53903

Steve, re: Salomon report, memory pricing is like the weather. Today's weather is mostly like yesterday's. Trying to call a secular change is tough. Rick Whittington made a secular change call last week, based on the steady decline in DRAM prices. He's pretty good at calling secular changes. I wouldn't bet that that the DRAM price erosion is over yet. I'd bet on continued erosion. Price declines are like cockroaches. If you see one, you suspect that more are hanging around in spots that you don't see, yet. I'm looking for a new entry level on buying more February and March puts. Good trading, Glen

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