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To: Glenn D. Rudolph who wrote (120531)3/15/2001 11:06:05 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 164684
 
gdr, kip bedard (micron vp of marketing) said, "demand for dram continues to remain strong" in the middle of a price slash that sent micron from $60 to $18 pre split. he said that at $50, stock went to $60 then reality hit in their eps report.

he was right. demand was strong. he didn't tell people that supply was growing MUCH faster than strong demand and prices were, therefore COLLAPSING - even though he KNEW this to be true.


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