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Technology Stocks : Micron Only Forum
MU 232.33-2.2%3:59 PM EST

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To: Darren DeSoi who wrote (2329)9/12/1996 10:19:00 PM
From: Trey McAtee   of 53903
 
darren-
dram prices are nearing bottom
earnings will be a loss and EVERYONE knows it. that is why the stock is not at 30.
as for post#2319, he could be lying. until i hear something confirmable in the press, we should go with what we know--they are making money hand over fist in government contracts.
64Mb production is way ahead of where it needs to be(see my post on the 5x's rule).
i am quite sure that many people agree with you. of course this does not make them correct.

as for B:B, while billings did decline slightly, bookings were up, which indicates to me that demand remains strong.

good luck to all,
trey
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