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Technology Stocks : Micron Only Forum

MU 286.68

+3.8%

Dec 24 12:59 PM EST

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To: phbolton who wrote (39119)	9/26/1998 11:45:00 AM
From: Skeeter Bug	Read Replies (2) of 53903

>>the intc rumour is nonsense, look for -0.67+ on monday<< phb, not sure i'm convinced yet. here's why. the release wasn't all that flattering to mu. sure, the bulls pulled out intc and started buying. what they left out is that the release said: 1. intc wants lehi running - increasing supply. 2. intc wants low dram prices when mu is already losing money. this ISN'T very good news for the short to medium term unless MAJOR competitors fold their hands. if kip were to create a bogus rumor he would not have done it like this. not flattering enough. he isn't smart enough to not make it as flattering so it is more believable. now, whether negotiations break down... that is another matter altogether. appreciate your thoughts insight. tia...

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