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


To: DJBEINO who wrote (48423)9/20/1999 2:10:00 AM
From: Skeeter Bug  Respond to of 53903
 
why, business is booming, right? or is it?

get this, micron management sells 8 weeks of inventory when dram was $5 to cpq and others to goose low end pc sales several weeks before dram hit $15. oh, and at a discount, to boot!

now that is management, folks. they could have sold 8 weeks worth of inventory for over $10 - instead, they "manage" to get about $4 for the 8 weeks - 2 months!

ya gotta love it.

to those that think mu will decline, it never should've got this high. however, i don't think it declines too much b/c kip is going to paint rosy scenario on tissue paper so the bulls can wipe off all the sh** he comes up with in the conference call.

but the bulls make dim bulbs appear bright, so they will fall in line.

mu tanks when spot tanks or the gen'l market tanks. and one, or both, of them will.