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Technology Stocks : Micron Only Forum
MU 284.79-0.7%Dec 26 9:30 AM EST

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To: Thomas G. Busillo who wrote (36661)7/29/1998 1:39:00 PM
From: Tech Watcher  Read Replies (1) of 53903
 
For the record - the Lehman upgrade on MU was "outperform" and not "buy". I'm not sure who or what they're outperforming by constantly losing money in a commodity business with severe supply problems. MU is always a great buy in the low 20's, because people still remember that $100 price a few years ago. Alas, those days of artificial shortages to drive up prices are gone. Remember the collusion called the Sumitomo incident. 1 Meg SIMMS went from $20 to $60 almost overnight.

Anyone know what the Lehman call is on a company that actually makes money? (LSI) You would think that eventually the public could be educated to know the difference between a commodity company and one with proprietary technology (CoreWare Design Tools).

- Tech Watcher
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