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

To: Skeeter Bug who wrote (52812)	7/15/2001 2:11:35 PM
From: Paul A	Read Replies (1) \| Respond to of 53903

couldnt have said it better myself : ) MU got a free ride when the networking boom hit over the last few years.. that and the huge demand for more power to get online.. All of that is gone, and I can say without a doubt that the PC industry is NOT going to return to anything like what we have see.. I doubt it will stay at these 1985 levels, but that considered- it dosnt matter.. Memory would have never recovered if not for the fact that Cisco and Juniper were competing to buy at any price.. I remember an incident where CSCO and SCMR were actually ASKING for priority if they paid a bit more.. and that is no joke.. Right now the joe-computer user is buying memory like mad.. but this is because of pricing being at all time lows, and nobody has much need to get faster then the already 'too fast for software' machines that are out there.. God I can go on and on and babble..but with MU I guess non of that really matters anyhow.. Im betting its toast and wont see 50 again but as everyone keeps pointing out, there is a trail filled with skeltons and grey haired men like Fleck who tried to rationalize this stocks price tag.. Hope I dont get added to that list, which is probably why I have such a tiny position : )