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Technology Stocks : Micron Only Forum
MU 236.48+2.7%Nov 28 9:30 AM EST

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To: johnlea who wrote (29874)3/10/1998 1:43:00 PM
From: Richard Russell  Read Replies (1) of 53903
 
Today's Commentary: 03/10/98

Financial markets and technology publications (i.e. EBN) alike continue to echo negative sentiment regarding the current status of the memory and PC markets. Product availabilities have increased across all product lines with open market demand primarily limited to "spot" requirements for application specific use. Additionally, the introduction of significant levels of OEM excess into the supply chain (not seen since 1996) will undoubtedly impact pricing even further.

Oh Oh

larry how does this fit into your fa

glut growing no relieve in sight, gs backing off, SB although excuberant is looking more right on all the time and you have been ranting a bit. Our nemises mu seems to be getting to you lately. Not meant to flame but you're a bear as of 2/17 but you go on these bullish diatribes, you see the down channel but ta and fa are making you bullish, I feel your pain, really. RR
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