Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 284.79

-0.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dr. M who wrote (23369)	10/31/1997 3:42:00 PM
From: Zeev Hed	Read Replies (1) of 53903

Dr. M. I agree with you and I think that Monday will see a resumption of the blood bath by the funds as well as the start of tax selling season. The situation on the rim has not improved and will not very soon, even if a rescue package like the Mexican one is put together, it will take months possibly half a year for currency stability to be established. We will end up with very strong devaluarions relative to the dollar, and since a good chunk of MU's competition originates in the rim and Japan, I see further DRAM price decline in dollar terms. Watch for monady, I think we will have a new yearly low in MU. My target of low teens is still intact. Zeev

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next