Robert,
The current activity is in line with what we've been
expecting but maybe a little early???? However, DRAM
prices are definately up and that is good for bottom
line. And, the world supply and demand balance is to
be watched due to Asia and overall demand growth.
With luck prices could sustain at these higher levels
and even grow. I'm not saying we are in that dynamic
price spurt yet, but once it starts, we could see the 60's
almost overnight. The price might not stay there, however.
Remember the last run up?? As I recall it tested various
decade levels over and over again before it finally shot
up bigtime. Larry probably has a fancy chart name for this
phenomena?????????
Basically, with DSP booming and about to boom even more, and
if DRAM goes up, then look out! But, let's not fail to take
some cash off the table this time--remember the eyes of September/
October. Larry's charts show this very well. But it could be
September/October 1999 and not 1998 so we need to be careful.
I tend to think the cycles are 15 to 18 months long, once started.
I don't think we've necessarily started yet--let's watch. Larry
will tell us, anyway.
biz.yahoo.com
is another gas pass article, this time shell in Europe.
Then there is mobil in U.S.A.
Did you see the ADSL technology disclosure today???
This could be hot stuff.
Beach house????? It is coming into sight, I truly believe.
I'm going to start my diet so I look good in swimming trunks.
Does this tell you I'm serious about this?
Disclaimer: I don't know anything about investing. Please
do not take me too seriously.
Later,
JB |
