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Technology Stocks : Micron Only Forum

MU 263.78

+4.5%

Dec 10 3:59 PM EST

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To: Thomas G. Busillo who wrote (42611)	1/31/1999 4:57:00 PM
From: Dave Gahm	Read Replies (1) of 53903

Tom, I wholeheartedly agree, Gretchen did a great job of bringing out the important facts. I do wish she would have asked Dan Niles to comment on the decline in bit production as well as the backend problems. It is an amazing that he apparently has not read the 10Q. It will be very interesting to see where this story goes from here. In normal times, with a normal company, you would expect to see the stock take a huge hit tomorrow, but this being MU, and with the market in mania mode, who knows? The analysts and MU will definitely try to spin this as irrelevant, but huge damage will be done to their credibility. Regards, Dave

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