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To: Ronald J. Clark who wrote (51346)5/31/2000 11:47:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 53903
 
You really need to spend time with a good chart on MU and overlay the semiconductor cycle. The answer is staring you in the face. Some would say that cycles repeat ... Some that have seen MU go through cycles would say Dan is being conservative, a mere quadruple is ho hum.

Another person might point to AMAT and say look at the chart from the fall of '98 and see what a cyclical stock in the semi sector can do. You could even go to a different sector and look at good cyclical companies. When the train starts moving you have to be ready.

FWIW