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Technology Stocks : Micron Only Forum

MU 254.01

+0.6%

9:34 AM EST

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To: Skeeter Bug who wrote (42009)	1/7/1999 8:42:00 PM
From: PAinvestor	of 53903

The source was telling people that the industry was about to turn around and that the collapse was a temporary phenomenon. Looking at the fundamentals of the industry a complete dry up of capex will ALWAYS lead to tighter supplies. That is simple. The last gasp of Koreans pushing out 16 & 64meg at low prices could not be sustained. And, guess WHAT, it turned out to be true! What a great time to buy MU , you have tripled your money. As for me, I was watching the MU thread disintegrate into a shadow of what it was previously. Hope things improve or I will just observe, rather than post.

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