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Technology Stocks : Micron Only Forum

MU 362.75

+7.8%

Jan 16 9:30 AM EST

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To: ratan lal who wrote (33274)	5/13/1998 10:30:00 AM
From: TREND1	Read Replies (1) of 53903

ratan you wrote <<Forever bears can only "look" at past earnings and a few quarters ahead at most ! I have to disagree with you. Unless MU is a unique animal. everyone looks only at the next earnings report ONLY to decide what the stock price should be now.>> ratan The "big" money...FUNDS know about cycles. (1) High cost to get into business (2) One to two years to build (3) Commodity...or another way of saying "must have things" (4) Examples...wheat, corn, autos , dram (5) Dram, autos, wheat , corn are must have things and will not go away (6) A good example is a wheat farmer...this years crop is bad but he knows people "need'" wheat..so he plants again. (7) If this farmer is the "lowest cost" producer in a "must need" corp...HE WILL GET THE SEED MONEY Larry Dudash Just my opinion !

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