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Technology Stocks : Micron Only Forum

MU 246.84

+4.2%

Nov 14 3:59 PM EST

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To: Skeeter Bug who wrote (44003)	3/18/1999 11:50:00 PM
From: TheStockFairy	Read Replies (1) of 53903

"We believe in the 'sine wave theory' in the DRAM business, and this marketplace is poised for another up cycle," maintains William (Bill) A.Aylesworth, TI's chief financial officer and senior vice president. Speaking at an analysts' briefing in early March, he commented that DRAM up cycles run historically from two to three years and it's during that time that TI wants to "commoditize" the Micron stock. But TI executives figure that the price will bounce up again when the DRAM market begins a long-awaited recovery, which they say could happen anytime in the next nine months. (yay! I may get to buy some puts on micron at 200! Go Dan Niles!) "Hello, Ameritrade? This is Bill Saylesnerf, I would like to place an overnight market order to sell 41 million shares of Micron at the open," Bill was quoted as saying. "Will that still cost $8? No, I don't want to pay $4 for the limit order" When asked the question "Are you happy to be rid of the gigantic white elephant?" Bill replied "Well, it beats the hell out of 1.5 billion in losses."

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