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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: The Freep who wrote (24103)1/23/2002 6:23:33 PM
From: Zeev Hed  Read Replies (1) of 99280
 
Freep, it is difficult to get from Mish a rational explanation for his exclamations, he was ascertaining that MU will go to $5, without explaining why MU should go to 50% of book value just before MU can assure itself the commanding lead in its own market place, and just as DRAM prices started to move back up. I don't know where he get these "sure things pronouncements", certainly not from listening to the market which right now says that KLAC is worth about $50 or about five times book value.

Zeev
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