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Technology Stocks : Micron Only Forum
MU 284.79-0.7%3:59 PM EST
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To: Trey McAtee who wrote (34674)6/9/1998 9:43:00 PM
From: gao seng  Read Replies (1) of 53903
 
I smell honey I smell honey I smell honey I smell honey I smell honey...Damn the bees I smell honey.

Everyone in the world knows MU is going to have crappy numbers this quarter. Everybody is saying smart move for TI to get rid of their DRAM business. Everybody (even MU in their 10-Q) says that MU isn't going to be able to successfully convert to 64 MB by the end of the summer, thus the end of MU. It is fully justifiable to say that the recent rise (3 point since I joined this forum) is just because of the stochastic indicators and the computer buy programs).

Everyone also knows about supply and demand. Since you are willing to concede that MU could very possibly be the largest DRAM producer, you must also admit that they will only produce if they can make money in the long run. That means they will produce at a loss if it means driving their competitors out of business in the short run. But then again, perhaps the world will just quit buying PCs!
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