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Technology Stocks : Micron Only Forum

MU 284.79

-0.7%

Dec 26 9:30 AM EST

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To: DJBEINO who wrote (34485)	6/7/1998 3:13:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

>>Taiwan venture capital giant China Development Corporation said today it would invest T$2.186 billion in a money-losing microchip maker, citing the industry's strong long-term potential.<< told ya, dj. the capacity keeps flowing in. pricing won't stabilize any time soon. how long can mu survive? btw, that long term potential was supposed to be now. they were wrong last year and they are wrong this year. the bottom line is that the market will turn just after nobody sees any long term potential and many mu bulls sell their shares near its lows. i may be buying at that point. that is, if mu survives and i have my doubts.

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