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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Ronald J. Clark who wrote (63127)6/24/1999 10:27:00 AM
From: Knighty Tin  Respond to of 132070
 
Ron, I think it is because DRAM trades are secret and the spot market is based in Asia, not the USA. But, it is also because MU, Intel and the other scamsters are very good at co-opting analysts and media types. At the conference call, MU mentioned spot prices nearly 75 cents above where they really are, talked about the bottom in pricing hitting 3 weeks ago and never discussed how they were going to get rid of that mountain of inventory. Only two analysts even asked the questions while these lies were being told, and none of them were from the large firms that get their faces on CNBS all the time. MU can tell any story they like because the analysts are lazy dopes. Folks from SI caught them misstating chip sales and grossly overstating their market share last quarter and the Wall Street firms missed it completely.