grim, you would have everyone believe that amat's rise in price is indicative of wall sweet (i luv it ;-) not caring about eps anymore.
you're wrong. amat went up because everyone is betting that semi's (including mu) have hit bottom and turned. this is hard for mu b/c the trend in the price of their products is down, down, down.
when people realize that mu HASN'T changed course, then look out below. a bad eps this q and a couple statements from texas instruments, etc about how bad dram pricing is will do the trick, imo. maybe not, but i'm laying my bets.
as for samsung stabalizing prices, get real. like their purpose was ever to lose money on every chip sold ;-) they've been trying to stabalize prices since they got into dram and have failed miserably.
now the taiwanese are coming on strong...
opec is still trying to stabalize gas prices ;-)
if you listen to me, you'll save money. if not, you'll lose money.
if dram prices change course and drastically head up then you have a good point. until that time, your $40-$50 price predictions are a joke and take away any credibility that was freely given to you. |
