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Strategies & Market Trends : Tech Stock Options
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To: Suresh who wrote (31699)12/21/1997 3:30:00 PM
From: j g cordes  Read Replies (2) of 58727
 
Suresha... to what do you attribute MU's move on Friday? My conjecture was in response to Darth's question. I hope all of your reasons for Dram to stay low remain valid, even though for short periods of time production in an industry can exceed demand_ which drives prices below profitability. The solution will be fewer players, or new equipment and processes that produce for less, or higher prices or a combination... perhaps prices will stay low and demand will catch production_ But nobody can operate at a loss for long.
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