Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 224.54

+0.3%

Nov 25 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DJBEINO who wrote (26043)	12/23/1997 10:21:00 AM
From: Mike M2	Read Replies (1) of 53903

DJ, the problem I have with the forecasts for rebounds in DRAM is none of these forecasters saw (or they looked the other way) the massive overcapacity. Consider how many of the so called experts saw the problems in SE Asia before the fact not many especially on Wall St. . Even now few of the "experts" realize the devastating impact the events in SE Asia will have on the world economy. I guess it is hard to sell stocks when you consider the ugly reality so better to err on the side of unwarranted optimism and don't worry about all the people who will get hurt. They may come to regret their recklessness if things get out of control because it will be easy to assign blame especially in a country where we seek to blame others and ignore personal responsibility. The talk of a rebound is wishfull thinking to squeeze the last drop of blood from the suckers. Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next