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Technology Stocks : Micron Only Forum

MU 220.78

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9:35 AM EST

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To: Earlie who wrote (30554)	3/17/1998 4:01:00 PM
From: TREND1	Read Replies (2) of 53903

Earlie The J-CURVE...The name the Federal Reserve uses for this stage in the devaluation. (1)In the beginning exports increase to a very high level since they are suddenly "cheaper" (2) Second phase. When it's time to increase out put by building new plant...opps !!!. the cost of new capital is now very very high. (3) Korea is out of the Dram "race" Keep your postings coming !!!! Larry Dudash

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