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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (18551)6/21/2001 11:19:09 PM
From: Jdaasoc  Read Replies (1) | Respond to of 30051
 
ST
I think I will start some tomorrow

Zeev says think criminal. If that is the case, the betting window at $36 is closed. Since MU is NYSE stock I would bet even money that MU has delayed opening on major markdown.

MU only chance for early escape from dog house is pickup in economy and RDRAM output. Either of those two things happening is remote.

john



To: Sun Tzu who wrote (18551)6/22/2001 10:32:23 AM
From: Jdaasoc  Read Replies (1) | Respond to of 30051
 
ST:
Looking at latest financials from MU they have plenty of cash to outlast Hynix IMO. I guess market has faith that they can survive until DRAM business is profitable if it is 6 months or 18 months from now.

john