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Technology Stocks : Micron Only Forum

MU 239.97

+1.5%

3:20 PM EST

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To: DJBEINO who wrote (29746)	3/9/1998 1:20:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

>>Dynamic random access memory (DRAM) chip prices have the potential to post significant recovery in the second half due to increased demands, the Commercial Times quoted Mosel Vitelic Inc chairman Hu Hung-jiu as saying.<< couple points. one, this belief is self serving. two, dram chip prices also have the potential to get cut in half again. so what? this dufus is wrong. he just took a page out of kippy's "demand for dram continues to remain strong" book. so strong, in fact, that unless things change micron will go bankrupt. that is what he was trying to tell us when his stock was about $50 and his boy was selling shares, right? even if this were true, and these dolts may believe it, this is bad as supply will continue to be built. intel says unit orders are down. cpq has the channel stuffed due to slow unit demand. this dolt says thing can get better when he lost money last year. did he predict last year in advance? no. so what. i know more about his industry than he does. that should be reason to sell alone.

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