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Technology Stocks : Micron Only Forum

MU 362.76

+7.8%

3:59 PM EST

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To: Zeev Hed who wrote (23003)	10/26/1997 9:55:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

>>Skeeter, a lot of your comments are correct, but faulting MU for raising $600 mM at the top of the market is a folly<< zeev, they understand when to raise money and they were smart. i NEVER faulted them for that. THE FACT IS MU NEEDED THAT MONEY AND NEEDED IT BADLY. they did it of necessity. they'll need to raise more going foward. very bad circumstance in this pricing environment. btw, micron is not stupid. they recognized the idiocy of the market and used it to their advantage.

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