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Technology Stocks : Micron Only Forum

MU 237.01

-3.2%

Nov 13 3:59 PM EST

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To: davesd who wrote (26338)	1/8/1998 7:53:00 PM
From: Thomas G. Busillo	Read Replies (2) of 53903

Dave, MU is both a floor wax and a desert topping <g> IMHO, the Lehman analyst in question is a fairly straight shooter and he'd probably be the last one to fudge the facts on price increases since Lehman downed MU to an underperform from an outperform either yesterday or the day before (i.e. he's not doing himself any favors given the timing of that call). My back of the envelope guess is that there were probably some payments due at the end of the year, certain players made and shipped as much as the could to raise cash, that depressed prices, now there's a little bit of a recovery occuring. I'm in the camp that see's the "price holiday" scenario mentioned in the CMP piece, regardless of some short-term recovery. I don't know, but it makes more sense to me than a rumor about a sudden shortage of glue/resin <g> Good trading, Tom

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