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Technology Stocks : Micron Only Forum

MU 265.92

+7.0%

Dec 19 9:30 AM EST

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To: Knighty Tin who wrote (27034)	1/23/1998 3:16:00 PM
From: DavidG	Read Replies (2) of 53903

Michael Burke, The thing none of the MU bulls talk about any more is the fact that MU is nowhere close to being the low cost producer now that the Asian currencies have taken a swan dive. Nowhere close to being the low cost Producer???? Korea borrowed in $US to purchase those fabs, their raw materials are purchased in $US to make the chips how much lower could their production costs have dropped. In addition they are are running older technology then MU .25micron fabs and can't afford to upgrade, so where have their costs really gone today. I think you might be overstating their lousy position just a little bit.<g> DavidG

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