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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 3:59 PM EST

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To: DavidG who wrote (42366)	1/19/1999 4:08:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

dg, i'm not sure it is marginally bad for mu. it does reinforce the global nature of dram and computers and also that they are commodities. the market has stunk and, i suspect, will continue to stink for some time. the market doesn't care. but, like in 1997, they will. just not sure when. i'd REALLY like to see an aggressive slide in asps then i would know ;-) mu will be close to breakeven this q - maybe a small 10 cent loss. their cash flow is in the tubes, though - even when profitable...

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