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

To: Skeeter Bug who wrote (47414)	7/30/1999 12:34:00 PM
From: John Graybill	Read Replies (1) \| Respond to of 53903

Yep, plenty of shareholder lawsuits have been based on less. The most charitable and legally defensible thing one could say of their price comments during the mini-debate with Fred Hickey during the conference call was that they were "untrue statements", but that quote is proof (as if anybody here needed any) that they knew at they time that they were lying.

To: Skeeter Bug who wrote (47414)	7/30/1999 10:47:00 PM
From: Bharat H. Barai	Read Replies (3) \| Respond to of 53903

Skeeter Bug, you are so anti Micron that you are blind to realities. The fact is DRAM prices are moving up. The spot prices are $ 6.25-$6.50 and OEM contract prices are 5.75-6.000. The Chairman of one of DRAM company said today, in a private conversation in Taiwan, that he is hearing that 64 DRAM is moving to $ 7 in next 2 weeks. No one has inventory. Even Micron's inventory is mostly gone. When you read that PC sales were up 35% in Q2, obviously that needs DRAM. It is high time that you face the reality and accept them as they are. I hope no one loses his house, shorting Micron, based on your blindly biased opinions on Micron.