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Technology Stocks : Micron Only Forum

MU 285.43

-2.5%

3:59 PM EST

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To: Bipin Prasad who wrote (38938)	9/23/1998 10:48:00 PM
From: Skeeter Bug	Read Replies (2) of 53903

insook, now we are getting somewhere. i'm not saying that the chaebols are in good shape. they have some major issues and debt is one of them. there is an old saying. if the banks lend you a little, they own you. if the banks loan you a lot, YOU OWN THEM. the chaebols ARE korea. america can take or leave micron just like they left the other 9 dram players when they went bust over the years. chrysler? nope, we'd save them and did. the chaebols are MUCH more important to korea than chrysler ever was to the us. they will FIGHT like you've NEVER seen them fight to stay competitive. the chaebols go and korea goes. they appear to be light years ahead of mu in technology (0.09 and 15 gb memory!) and they won't throw that away. betting on an utterly bankrupt korea (chaebols go, banks go, korea goes) is not, imho a good bet. betting that it will happen soon is like buying dell october $5 puts - ridiculous.

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