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Technology Stocks : Micron Only Forum
MU 263.78+4.5%Dec 10 3:59 PM EST

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To: Skeeter Bug who wrote (35295)6/18/1998 5:36:00 PM
From: pat pasquale  Read Replies (1) of 53903
 
SBug; let the dust settle, nothing good

going to happen to this pig...earnings was worse than expected
and we have a huge smoke screen with the TXN deal...

so they have extra money to play with, not really just less debt to pay with cash...... business isn't getting better....

wasn't the rebound suppose to happend already? even the slime
will look past the TXN deal later PST, and start asking questions
about ongoing business...no mention of ASP or inventory
orr back orders or nothing..........
TXN gets rid of a loss of 270 million a year for nothing and this is suppose to be good for MU in the long run.....oh i forget
long run doesn't count when it is not good for the big players,
then will say immediate cash available and by the time this runs out
DRAM will have turned around again....
Sit tight it will sinkkkkkk..

pp

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