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

To: Captain Jack who wrote (22564)	8/1/2001 9:11:27 PM
From: Paul A	Read Replies (1) \| Respond to of 30051

What really has me surprised in the semi sector is the price of memory.. Its still sitting at the lows set 3 weeks ago, and its just not budging.. Everyone in the industry is shouting that MSFT products will boost demand and clean up the oversupply.. and I must admit, im shocked we havnt at least done a dead cat bounce here.. Not really sure what to make of this, but if the price drops any lower we will be giving it away for free! Actually, the prices have dropped a tad this week.. I must have been napping.. This is too funny:http://www.tigerdirect.com/ edgemicro.com but hey- its time to buy MU! Just ignore the fact that this quarters loses should exceed revenues, and the fact that the stock has remained virtually unchanged over the last few months.. because I see clear skies probably by 2002-2003 : ) ...just being a wise guy.. I wont fight it if this thing breaks, but the FA sure isnt jiving with the TA right now- and if we take out Zeevs 2078 ill be shocked that the market could ignore the carnage in this sector.. let alone the rest of the economy..