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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Monty Lenard who wrote (43552)	11/17/2000 7:30:52 AM
From: t2	Read Replies (1) \| Respond to of 77400

Hmmm.... 115 to 40...pretty good sell off in my book. Sheesh No selloff if you bought in at 30 to 33, like I did. I did not hold this one at any time over 40. I am buying it (Micron) because it is a bargain. With difficulties in big companies getting capital for expansion, a company like MU is going to benefit. The assumption I am making is that the PC will not collapse. In addition, the Pentium 4 will result in higher memory than the P3. As the price has decreased, PC companies can offer more memory--increasing demand---leading to firmer prices in DRAM. The analogy I am using is OPEC and oil prices. Cut back in production will eventually lead to shortages and prices will increase. Opec operates like a monopoly but in the case of Micron, the increasing cost of capital will work similiarly. IMHO of course.