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Technology Stocks : Micron Only Forum
MU 239.40-0.4%Dec 2 3:59 PM EST

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To: Skeeter Bug who wrote (41193)12/3/1998 3:19:00 PM
From: Jerry Denkera  Read Replies (1) of 53903
 
Skeeter--it may be of some interest that since the Koreans
announced a production increase prices have started to show
downward cracks.Keep in mind that while MU is in a powerful
position from a capacity standpoint to bully the Koreans
they are highly leveraged and could sustain damage in another
price war.
It may be a good time for the bulls to take some well deserved profits off the table.
Regards Jerry
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