Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 276.28

-0.1%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DavidG who wrote (34822)	6/12/1998 11:53:00 AM
From: mike iles	Read Replies (1) of 53903

To All .... don't want to sound alarmist for da bulls but we haven't seen anything on MU yet ... there's been no volume. The big guys, Fido and Capital Noresearch, are left holding the bag ... when they get a wakeup call and check out what's in there, they ain't going to like it ... IMO this has not happened yet. Got MU's quarterly investor update in the mail the other day and all they could talk about was how Korean dumping had driven prices into the ground (hey, if dumping is selling product below cost then MU is dumping right now) and how Stevie A. had gone to Washington to let everyone know just how bad the Koreans were (they're real bad) ... nothing about what they were going to do in order to compete, stuff like ramping 64 or putting in DUV or gearing up for 128 or 256 etc.... the cupboard is bare and all they can do is pray the world changes. Maybe unfair to read a lot into an investor report but if it's any indication of management's psychology then they got their heads buried in the potato fields. 'hey, it is only an inventory correction ... eh?' regards, Mike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next