Matt, No doubt on the pasta front. Without that no meat on Friday crapola, pasta would be dirt cheap. <G>
It is good for MU that there is an LDS connection.
Congressmen will get whatever pork they can. In a heavily LDS area, most of the Mormon Mafia's influence goes to LDS controlled cos.
The price of DRAM is reality. It is perception and pr and big announcements and spin doctoring just before the coach turns into a pumpkin that controls this stock price. DRAM is only htat minor thing that controls losses and profits and no free cash flow. Bulls ignore that.
Simpleton, himself, being a Mormon, has done much to bail out MU in down cycles.
BTW, the failure of the British automobile industry has to do with making lousy cars.
The fab in Utah is and was a disaster, making certain that MU had no free cash flow even during the up cycle. Perhaps there is no Mormon connection, but Utah state legislators have made it public that this company they trusted sold them out. They are wrong. Mu just guessed wrong on the DRAM market, as usual.
Try to open your mind a wee bit, Matt. If it was fundamentals and the discounting of future losses that controlled the price of this stock, it wouldn't be over $30 a share. The Mormon Connection is only one of many factors that help this dog levitate. They couldn't do it without lazy or co-opted analysts, ski trips, promises of banking business and a herd that is always willing to be led around by the nose.
MB |
