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

To: Zeev Hed who wrote (52822)	7/15/2001 10:52:34 PM
From: Lucretius	Read Replies (1) \| Respond to of 53903

LOL.. i read what you said, and i'd like you to rethink what you said. that's perhaps the dumbest thing I've ever seen. you think the "Street" can just move prices of stocks around as they see fit in order that their "deals" always work??? you think nobody on the Street made a bad bet on YHOO, BRCD, CSCO, SUNW, AMCC, or BRCM and got burned???? need i go on???? POS runs a commodity business that currently trades around 30x earnings and 4x sales. They will be running losses from here to eternity unless we begin selling PCs to life on Mars. DRAM prices are going nowhere unless demand suddenly ramps up to the nutty levels of 1999 and 2000 (which I humbly suggest we will not see for decades) or supply is cut off, which Asian producers seem reluctant to do at the moment. Now, can MU add more capacity and churn out more chips, sure it can but bit-growth only further compounds the problem of there being too much DRAM on the market and not enough demand. Your scenario suggests that MU will receive a multiple of 65x and a return to the roaring earnings of 1999 and 2000 within a few years or conversely that they will conitnue running losses and the "Street" will magically force the stock higher so they can get paid. LOL so, I ask again... What in the world are you drinking and where do i get some? LOL