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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: Bipin Prasad who wrote (35715)	6/25/1998 8:05:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

>>do you have any fact/s to support that Korea is not nearly out of inventory, rather they have tons? TIA!<< yes. pricing has collapsed since december. mu's whole attempt was to whip the suckers up to think pricing would go go up shortly. they were wrong and admitted they didn't have a clue what korea's inventory level was in their 10q. that being agreed fact, it was STUPID to say they believed they are almost out. mu management is stupid, imho. they make good moves when near death. the fact they are near death is reflective of their stupidity and the fact that they make a good move to prolong death isn't indicative of their smarts, imho.. i assume you agree building lehi at the apex of the cycle was also stupid b/c you didn't mention it ;-)

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