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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: cordob who wrote (52756)	7/5/2001 7:56:49 PM
From: ild	Read Replies (1) of 53903

Cor, do you completely rule out a possibility that this DRAM glut is for good? AMD warning says that majority users don't need 2Ghz CPUs. All computers already have 128MB of DRAM. It used to be that businesses were buying the best PCs. Now they buy cheap only. Win XP is a myth. It won't immediately spur new upgrade cycle. Neither Win200 did. Yes. prices may firm on current level or go up to $2, but this doesn't justify $40 per 1 share of MU. PC manufacturers are not stupid. They must have locked themselves into current low prices already. You think that $40 is a good price for MU, right? What metrics do you use to evaluate MU stock price? Good luck, ild

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