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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (77009)	8/8/2001 7:03:22 PM
From: Steve Lee	Read Replies (1) \| Respond to of 93625

Bilow, if you work out how much cash MU have got, and how much their cost of production is, and how much they are earning (from both paper printing and DRAM manufacture), you might start wondering if they will be in a situation where they can continue to produce. If prices stay stable thru August, then ave DRAM prices for MU's current Q will be less than 50% of ave prices during the prev Q. They are gonna lose more than a billion dollars from operations in the rest of this year if DRAM prices don't pick up. Their recent convertible brought in what, $400MM? How much paper can they print? Who is gonna bale them out? Do you have a guess of how low MU stock price may go in the next few months? Edit - BTW, I have been buying MU puts today and yesterday.

To: Bilow who wrote (77009)	8/8/2001 7:13:38 PM
From: Skeeter Bug	Respond to of 93625

>>I say that since they are the lowest cost producer<< bilow, i've heard analysts tout this as fact, but i've NEVER seen proof. in fact, i don't there is enough public information to know who is the lowest cost producer. i'll bet dollars to donuts that the analysts are spoon fed this line from micron management. di you know i can outscore michael jordan? -rotflmao- that boise crowd does not have confidence problems. you get my point? >>They're chasing the competition out of the market<< i think they are surviving. IF the markets went bust and they no longer had access to easy capital, micron c/b bust in less than 2-3 years. i mean BUST. supporting casts - micron - cash inflows from capital markets. toshiba - japanese govt samsung - korean govt hynix - korean govt i would prefer to have my govt devoted to keeping me going than the fickle capital markets. >>By the way, I think we'll continue to see memory (of all types) slide in price. It's stabilized the last few weeks, but I bet it continues to slide, and I expect to see a lot more blood among the memory makers. But I bet that Micron will be the last to cut production.<< agreed and i will not take that bet! the boise bandits are very aggressive and are often willing to dump tons of inventory - especially if someone else blinks.