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Technology Stocks : Micron Sucks! :-)
MU 224.54+0.3%Nov 25 3:59 PM EST

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To: IncredibleHult who wrote (1137)1/22/1998 3:43:00 PM
From: eddie r gammon  Read Replies (3) of 3244
 
<<The valuations on this company are a total joke. >> True, True, but Ive been wrong on this sucker so many times I dont think you want my opinion(g). Unless something dramatic happens with the supply of dram, and I dont think it will, there is no way they can make money. The bulls are lathered up because of a rise in the price of dram. It is still to low to make money. They are thinking all the fab shut downs and cut backs will help MU. They fail to point out that MU started it with a white elephant of their own that they had to stop because they ran out of money. They fail to point out that some of the shut downs are for 16m to get ramped up to 64m. I just dont see this company making money for a long time if ever. All that said just remember that trading this stock is like trying to make love to a rattlesnake (g)

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