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

To: Skeeter Bug who wrote (52066)	10/31/2000 1:44:19 AM
From: DJBEINO	Read Replies (1) \| Respond to of 53903

Another reason is evidence some Korean chipmakers are switching production capacity from DRAM chips to flash memory, while tighter lending standards could force other Korean DRAM producers to shut down, he said. Both dynamics benefit Micron, he argued. "One morning people will get up and say, 'Cyclicals are up 25% and only growing 8%. Such-and-such tech stock may have decelerating growth but it's still growing faster,' and they'll rush back in to tech," Farber explained. "That's probably one reason we bought Micron." thestreet.com