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Technology Stocks : Micron Only Forum

MU 243.96

-5.6%

12:03 PM EST

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To: TREND1 who wrote (100)	5/24/1996 4:17:00 PM
From: Bipin Prasad	of 53903

Larry, Spot is king of what ? A previous posting shows that spot price was $20 a year ago. That was no indicator of future contract price. Your logic is completely flawed. Spot price simply reflects the price of unplanned purchases. Since no big PC maker buys there it is somewhat meaningless to use it to project the revenue. It simply indicates current supply/demand imabalance FOR the buyers and suppliers participitating in it. Nothing else. What is your ECON101 mean. Is it some kind of catchall phrase to justify whatever you say as being the gospel truth. If you or Jerry have any evidence that Micron has inventory or is reducing yields, post it. Otherwise I can rightly treat it as plain idle speculation that doesn't fit facts.

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