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Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST
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To: Tim McCormick who wrote (24268)11/19/1997 12:34:00 AM
From: TREND1  Read Replies (1) of 53903
 
Tim
The general theory says that less money will be available
for investments. Also, the "J curve", I kid you not.
The "J curve" effect will make their existing dram product
much cheaper (near term) because of the devaluation.
so:
(1) Short run.....they sell dram cheaper.
(2) Long run......they have less money to spend on plant.

Larry Dudash
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