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Technology Stocks : Micron Only Forum
MU 236.50+2.7%12:59 PM EST
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To: Earlie who wrote (26013)12/22/1997 2:54:00 AM
From: Ed Beers  Read Replies (1) of 53903
 
Earlie, I now have a history of fairly accurate predictions of
Micron's performance and highly inaccurate predictions of Micron's
resulting stock price. I am begining to believe that this can be
explained by two "facts".

"Fact #1": Micron is the low cost DRAM producer.

"Fact #2": Micron requires fewer mask steps than other DRAM
producers.

I am not arguing that either "fact" is true, only that plenty of
investors believe that it is and act accordingly.

Ed
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