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

To: Naggrachi who wrote (48052)	9/7/1999 5:22:00 PM
From: Skeeter Bug	Respond to of 53903

>>BTW, did spot prices hit $20 yet? Care to run by me what every dollar increase in spot prices means to MU bottom line?<< not much if they aren't selling much to the spot market (which they probably aren't, hence the high spots). i suspect mu is just as likely to report a loss as a earnings this q - even w/ the HUGE ramp in spot prices.

To: Naggrachi who wrote (48052)	9/7/1999 10:01:00 PM
From: MR. PANAMA (I am a PLAYER)	Read Replies (1) \| Respond to of 53903

Nag....ya spellin is atrocious...please use da spell chech errrrr? Follow PANAMA'S lead....He is a paragon of bloody virtue

To: Naggrachi who wrote (48052)	9/8/1999 4:58:00 PM
From: Fabeyes	Respond to of 53903

You just don't get it do you?.... I get it the same way you do when they hit $20.00 a share. How much does the bottom line for every dollar they lose? If the stock is at 80 and the company loses 150 million they have still lost that 150 million. When a small or large investor makes money off of the stock Micron still loses 150 million. I guess the question is; HOW LONG CAN THEY LOSE MONEY, WITH THE STOCK AT 80, BEFORE THEY ARE OUT OF BUSINESS. You are right that is why I am not a favorite out there, but I don't really consider that bad either.