Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (40726)	11/6/1998 12:43:00 PM
From: Sridhar Srinivasan	Read Replies (2) of 53903

sridhar, congratulations on the profits! Skeeter, thanks. I am out of MU now since I believe that the supply demand situation has not balanced out yet, and asian problems have not gone away. MU is a great stock to play with on a short term basis since it moves in such stark contrast to fundamentals. When I did not sell at 60 and watched it get into the 20s, I thought, with a sinking feeling, that the market had grown wise to the antics of analysts and Kip. Clearly wrong. I think you have been consistently right (as is mike burke) about the oversupply situation. However, I do believe that 1999-2000 should bring relief to the bulls. In any case, I am still bullish on MU's long term prospects and will re-enter the stock in December after earnings when all this rebound related euphoria ought to have gone away. I think they have good technology and possibly the best manufacturing and I would bet on them to continue being amongst the lowest cost producers. Good luck in your putting (no pun intended)(G) Sridhar

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next