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


To: Knighty Tin who wrote (76693)2/28/2000 4:00:00 PM
From: Freedom Fighter  Respond to of 132070
 
Mike,

Does MU have a stock offering scheduled for the next few weeks or so? There's almost never a good reason for MU to go up. It acts like a rigged stock. Even some of Nasdaq loon stocks behave in a rational irrational way. (g)

Wayne



To: Knighty Tin who wrote (76693)2/28/2000 7:30:00 PM
From: yard_man  Respond to of 132070
 
would you get a first third here or wait for 120? <VBG>

How bout that RamCom, I mean QualBus, I mean AmaRam, oh -f-... I mean Rambus? <VBG>



To: Knighty Tin who wrote (76693)2/28/2000 7:36:00 PM
From: Bill F.  Read Replies (2) | Respond to of 132070
 
mb-imo,mu is up because we are in the everything is so bad it must about to get better mode(G).since mu has 6 weeks of inventory and toshiba has 4 weeks and the koreans etc....we know that it must be time for a jiggle.mu is trying to lift price so their inventory has balloned 20mm parts in the last couple weeks.plus we have the dead fish king lovefest this week where yippy skippy can tell the same story for the 3000th time.plus rumors of the pillsbury doughboy(aka vinick squeezing both it and rambo)i think the dram mkt bounce may last about 15 minutes and then maybe mu might actually get smacked.whatya think?



To: Knighty Tin who wrote (76693)2/28/2000 8:25:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Tip, I just bought the second third. I still haven't worked up to a third on Rambo.



To: Knighty Tin who wrote (76693)2/28/2000 10:25:00 PM
From: Earlie  Read Replies (3) | Respond to of 132070
 
MB:

Every once in a while, this mania gets to me. Usually I can take its stupidities in stride but the current rise in MU has me wondering if I "just don't get it" and need to self admit to a local asylum.

Here is a company that lives and dies with the memory chip cycle, yet as memory prices emulate stuka dive bombers, this crazy stock actually moves up. 64 Mbit chips, which soared in price to over $15. are once again smashing through $4. So what?

Never mind the debt, never mind the unpaid interest, never mind the competition which is well ahead, never mind the large inventories, never mind the Lehigh plant which is still an un-amortized white elephant, never mind the TXN plants which are soaking up dough and which do little other than add to an already massive over-supply, never mind that the main market for memory chips, the PC market, is wracked by price wars, all is well, because the analysts told us so.

If anyone requires evidence as to the intellect of the herd, this stock provides a clear answer.

Best, Earlie