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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 9:30 AM EST

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To: Earlie who wrote (30461)	3/17/1998 7:55:00 AM
From: Skeeter Bug	Read Replies (3) of 53903

earlie, the bulls have overlooked two points. 1. the initial investment is so big the fabs MUST RUN. 2. the only way to compete is to lower costs and the ONLY WAY TO REDUCE COSTS SUBSTANTIALLY IS INCREASE OUTPUT. these two facts are all one needs to know to be able to predict that the blood letting will continue for some time... my view said nobody would be piling on to buy mu after this report. am i right?? ;-)

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