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Technology Stocks : Micron Only Forum

MU 286.68

+3.8%

Dec 24 12:59 PM EST

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To: Trey McAtee who wrote (34793)	6/12/1998 1:42:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

trey, this is the same downturn as 1996, not a separate one. the oversupply has been consistent from then to now. the only speedbump was that the koreans built and held inventory for a little while instead of built and sold product. the fact that investors thought that was an actual turn goes to show you they are 5 or 6 cylinders short of a 6 banger ;-) they are talking about doing the same thing now and i think it is all talk. their memories aren't short, just cheap ;-) it didn't work then and it won't work now. blood must poor and some companies must give up the ghost. i would not buy mu at any price until this onslaught is over.

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