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Technology Stocks : Micron Only Forum

MU 246.84

+4.2%

Nov 14 9:30 AM EST

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To: jhg_in_kc who wrote (51335)	5/31/2000 3:15:00 PM
From: Skeeter Bug	Read Replies (3) of 53903

jhg, most folks on this thread are negative for 1 single reason. mu has not had net positive cash flow since it went public. their debt has skyrocketed - thank goodness they converted that debt to shares and diluted their company. expect billions more in debt to be forthcoming over the next several years. the analysts tout this stock to no end - and for no reason. dram prices drop for 4 months - not a peep. prices rebound for a week and the tout-a-thon commences. commodity industry. money losing company - even after windfall profits. manipulative management and analysts. play mu if YOU know what you are doing. otherwise, stay away. this may be the MOST MANIPULATED stock on wall street.

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