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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: Tim McCormick who wrote (43823)	3/15/1999 3:21:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

nothing could be more wrong with mu than we know. the dram industry is still in a glut, cap exes are still soaring guaranteeing this glut lasts, the pc industry has negative revs, the only way to cut costs is to increase output. this is a dawg and always has been for the last couple of years. i don't understand how anybody could run this dawg to $80 in the first place. or $30, for that matter. i just think some slow wits are finally catching up and selling a lot of what they never should have bought. also, txn or intel may have kabitzed their intention to sell like gangbusters in april. wouldn't want to be around after that. not long anyway ;-) definitely with puts.

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