Twasn't me, but it's an interesting link. Personally, I think people have tired of computers, and they're finally going to quit buying them. If they do buy them, they'll opt for new sub-$1 ones, which will be sold at hardware stores like so many 2-penny nails or at grocery stores in potato sacks (not really a major departure from boxes featuring a black-and-white cow design, when you think about it). We're witnessing the end of profits from computer sales. The hot stocks of tomorrow will be in new technologies -- perhaps machines that quickly and painlessly implant in investors' brains thousands of bearish thoughts on MU without so much as a keystroke. This would allow MU shorters to watch the stock rise at their leisure. They'd no longer feel compelled to flood the Internet with their penetrating analysis.
Actually, Skeeter Bug, I appreciate your analysis (and the analysis of others on this thread). I ain't long on the wretched stock. Ain't short either. I'm undecided, like that venerable pile of tangled wires, tubes and circuits, HAL. I do tend to think there will be the inevitable bounce, even if some cat hair goes flying during it. |
