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Non-Tech : Invest / LTD

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To: SJS who wrote (1855)	8/17/1998 9:18:00 AM
From: Lucretius	Read Replies (1) of 14427

25x estimated earings??????????? There's only one dumb analyst that even thinks they'll make money next year!! The multiple I saw was around 40x. DRAM is firming because Asians have been outting DRAM into inventory as soon as prices firm they will dump. These guys are WORSE than OPEC and you saw how well they held to production cuts? Why everyone is so giddy to belive that the Asians can put together a cohesive grou and reduce DRAM prodcution yet they don't believe an actual treaty-derived body like OPEC is BEYOND ME. Utter nonsense if you ask me. Bubble-mentality at its best! -Lucretius

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