Ask Michael Burke 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.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Freedom Fighter who wrote (45109)	1/31/1999 12:21:00 PM
From: Knighty Tin	Read Replies (1) of 132070

Wayne, MU is a dying co. being valued in the market as a great growth story. The stock has risen 200% while the co. has printed losses for several quarters. They have taken down huge debt to expand in the glutted DRAM market. I think it is running up because: 1. The co. is extremely touty. 2. The firm will need a lot of securities issued to handle its cap spending and operations budgets in the future, so the analysts are playing kissy-face while they bid for the banking business. 3. A short squeeze, as everyone with a brain hates the stock at these levels. 4. The perception that the pc market is doing great, despite the fact that we have just registered the first down year in sales ever. And this year will be worse. 5. Perception that problems in Asia will cripple the competition. Just the opposite is true. They will kick out chips to take in cash while they are strapped. 6. The perception that MU is the technology leader. That is just a joke. Other than that, great co. <G> MB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next