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Technology Stocks : Micron Only Forum

MU 241.08

-1.8%

Dec 12 3:59 PM EST

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To: richard li who wrote (17292)	8/6/1997 5:53:00 PM
From: TREND1	of 53903

richard You understand SUPPY=DEMAND when it comes to DRAM. But do you understand that MONEY is a commodity? And when it is not needed for wars,etc and can not be put into non rising real estate then it goes into the DOW, SP-500 , SOX and yes into MICRON. The current rise in Micron is almost entirely due to the general rise in the SOX INDEX. Great BULL MARKETS occur when money finds the stock market as the only "reasonable" place to put money. Also the US DOLLAR is at a multi year high. When you look at a PE you must under stand the relative point of view. Too much "world" money is pushing up stocks. Remember MONEY is a store of energy. Just like CORN stores carbs (energy). As noted earlier, do not be an ant under the table and have the table as your whole world. Fly like an eagle ! Comments from anyone ??? Larry Dudash PS: Recent posting indicate we have some thinkers here on this BB

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