Trey,
First of all, re: Bipin,
I locked him out in his office for some time otherwise he'll poke
his nose in my business. The evil partner I'm. heh heh heh ......
Since he is swamped with his work, he wants to spend time with
his kids whenever possible while they have time for daddy.(Soon
they'll be too busy with their own things like a boy friend, a girl
friend, and etc, then they won't have time for us.)
re: Kipp,
Sure, it's very important to read btn lines when it comes to MU's
statements. They're sly like fox, blowing hot air like fox or like
Tommy boy from ML. I don't trust any of them as you know well.
However, some of MU bears' "DOUBLE" can be dangerous assumption.
We have to learn to cut off extreme highs and lows for they are
exaggerated. Look at Mu's 100 weeks charts. I use $33~$36 as fair
price for MU. Given the seasonal cycle I give 30-40% to go higher
from here till end of sep.
There's no need to mention "SUPPLY" for that's not his job to do so.
He can not speak for other company's supply except MU's inventory.
He did !
"Pricing is firming." He said it isn't dropping and rising. Even if
it's 1 cent rise, it's great news in commodity business as you know
well.
".21 micron", MU will be pump them out when demand is there. It's
bear's issue, not MU's.
Take care!
InSook |
