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Technology Stocks : Micron Only Forum
MU 236.50+2.7%12:59 PM EST

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To: jason brown who wrote (2407)9/17/1996 4:33:00 AM
From: Trey McAtee   of 53903
 
TO ALL--
EBN's website says that samsung is out of the game. they made some negative comments and said they were moving to processors and high end products. i have expected this announcement since they licensed alpha from DEC, but it is still a shock.

they will still produce memory, but are cutting it back substantially.
they said they did projections and could not see anything positive in memories until next year. this will be viewed badly by the street, since it is a major player saying the market is in trouble(DUH). however, it should be viewed as a positive because i am sure they failed to make projections based on them leaving the market.

you hear that mike-- samsung blinked first!!!!!!
i told you sam HQ was pissed about loosing their cash cow.
better move your short to intel and LSI!!

good luck to all,
trey
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