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Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

Dec 5 9:30 AM EST

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To: Thomas G. Busillo who wrote (24818)	12/8/1997 3:30:00 AM
From: Trey McAtee	of 53903

thomas- no, i am not about to start buying yet. it still isnt clear what the japanese and taiwanese are going to do. the biggest threats long term in the memory sector have never come from korea...they are from china and taiwan, especially china. the company will probably break all bad news at once, likely during this CC. now, if they do this, and make the forward comments really optomistic, the stock could go above 30 easily. and it could hold it if the analysts back everything up. the thing that pisses me off is that this entire situation has added even more depth to an already complex situation. so it is going to be hard to make quick trades with confidence for more than fractions. larry will be happy i guess<G>. i wanted the orderly sell off and run up to happen. either way, i still do not believe that this is the bottom. with some terrible news, it can go much lower. in addition, it looks right now that harsh restrictions will likely not be imposed on SK makers. only time will tell. good luck to all, trey

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