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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: DJBEINO who wrote (28696)	2/20/1998 10:22:00 AM
From: TREND1	Read Replies (2) of 53903

DJ and all The J-CURVE is at work. (The J-CURVE is the way the Federal Reverse bank describes want happens when a country devalues it's currency) (1)The country (in this case Korea) initially sells it's current products to all because they are cheaper. (2) Later the lack of capital causes a loss of prodction due to inabilitiy to keep up to date. (3) Since their plant and land is now cheaper, Intel and other companies go in for the "kill". Buying up their capital at reduced cost. (4) Korea is out of the race ! (5) A country that produced 40% of the world's Dram last year. (6) This has to be bullish for Micron. And may be the reason for MU's rise from 22 to 39 ??? Larry Dudash

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