Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zeev Hed who wrote (48188)	9/12/1999 3:46:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

>>run for the hills because their is, IMHO, a better than 50% chance of a 50% retracement over the three to six months following the last gusher up.<< zeev, if scenario II is in effect, a 50% retracement would be a boom for mu. if folks are panic stock piling dram for y2k (explains the surge in spot for no apparent reason) and the oems can't sell boxes to end users then a huge inventory hang would be in effect. what does this mean? 1-3 qs of STEEP losses for mu and at least another 1-2 years of annual losses - oh, and another $1-1.5 billion gone to ante up for new equipment. scenario I might play out. scenario II looks to be a shoe in and $40+ w/b a steep price to pay after the four horseman take mu apart - again!