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Politics : Ask Michael Burke

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To: GuinnessGuy who wrote (26328)	3/3/1998 3:58:00 PM
From: Knighty Tin	Read Replies (1) of 132070

Craig, I won't be posting to the Kipster any time soon. He knows me well as a Micron bear and would probably not answer any questions I posed. I have a different take on the Micron cancellation of the stuff they couldn't get. The shortage story was just a lie to excuse the massive amount of inventory they are building up in this weak pricing environment. They are now cancelling orders because they can't afford to lose more money selling more chips, each at a loss, in this market. And, the stock went up because the eternal bulls believed that if MU isn't building into the glut, then equilibrium is just around the corner. Poor little fools they are. <G> Apologies to Ricky Nelson. MB

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