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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: gao seng who wrote (34610)	6/9/1998 2:18:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

walter, i'm definitely bearish and not bashful ;-) it drives the closet bulls crazy - especially b/c i was right about fundamentals way before they had a clue. actually, i was too generous. mu's disaster is much worse than even i thought it would be. in any case, you state that mu's death spiral is over. do you care to elaborate? mu buying txn's dram ops doesn't change the macro supply demand economics that has put all the chippies in this perilous position. if you don't change the root cause then you've changed nothing other than deck chairs on the titanic. seriously, selling more parts to more customers at a loss isn't the solution to what ails mu. i eagerly anticipate your cogent thesis elucidating why this is so great for mu. btw, mu has 78 tons of inventory sitting in warehouses. they need increased production capacity like they need another hole in their head ;-) skeets da mu bear call 'em like he sees 'em and everyone else just watches history unveil according to plan... there will be no long term recovery in 1998. psst - mu just came off their most profitable period in history and now has little money and lotsa debt. HO HO HO HO HO! ;-)

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