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Technology Stocks : Micron Only Forum
MU 315.42+10.5%Jan 2 9:30 AM EST
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To: Chas who wrote (34311)6/3/1998 10:59:00 PM
From: Skeeter Bug  Read Replies (1) of 53903
 
chas, i don't have a clue where mu the stock will go tomorrow. i do know that the koreans will not reduce capacity to the point that mu will be able to dump their inventory and steal all of korea's profits.

korea may hold back inventory to a point where they lose less money - but they will still lose money. mu will also lose money and burn their cash at a startling rate.

longer tem mu is toast, imho. that is why i own oct 25 puts and not june ;-) i know the result. i don't know the path to get there. mu was $40 not too long ago. why? dolts. too many of them.
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