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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (46569)	6/23/1999 11:03:00 AM
From: SeaViewer	Respond to of 53903

Carl: Why do you think MU will the last to stand? Japanese and Koreans have better financial resources. And quickly Chinese backed by the government will join the 'party'.

To: Carl R. who wrote (46569)	6/23/1999 4:22:00 PM
From: John Graybill	Read Replies (1) \| Respond to of 53903

Carl, good interpretation!: Osha said the news indicates that Micron Technology's (MU: news, msgs) "ability to drive costs down is making it difficult for others to compete with them." "We expect Micron Technology to capture additional market share and drive costs down to a level where they can make money in this business," he added. (boldface is for the bears, couldn't resist...I wonder if Joe was just saying that part under his breath and the reporter managed to hear it) cbs.marketwatch.com ("difficult to compete" indeed -- their ability to drive costs down is making it difficult for them to compete with themselves.) Lots of volume on July 42 1/2 puts today, dunno if they were bought, sold at a profit, or shorted. Everybody got their mugs iced up? tick tick tick... :-)