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

To: ild who wrote (53429)	1/3/2002 11:34:25 PM
From: Chas	Read Replies (1) \| Respond to of 53903

This Hynix purchase might be good long term but my opinion is that MU share price will get hit big time. I plan to wait before picking up any mu stock regardless of the DRAM price uptick. $4-5B is more than a mouthful for Micron. Any comments??

To: ild who wrote (53429)	1/4/2002 8:26:48 AM
From: nolimitz	Respond to of 53903

That is what Hynix said! What make you think that their fab's are worth anything near that? esp. in these market conditions. Only one side of the story so far

To: ild who wrote (53429)	1/5/2002 3:19:36 PM
From: ild	Read Replies (3) \| Respond to of 53903

Last Man Standing Theory A Farce by: StockSentinel (Just 3000/M) Long-Term Sentiment: Strong Sell 01/05/02 01:29 pm Msg: 130848 of 130854 MU longs have for some time now have been purporting a pot of gold for the last man standing theory, yet they haven’t provided any examples where this has happened. It all sounds good, kill off the competition and reap in big profits, but in reality that seldom happens. The winners of industry shakeouts and consolidations are often no better off than the winner of a knock down drag out fight, the guy left standing often is not in much better shape than the person out cold on the ground. In the end after consolidation what generally is left are bigger more efficient companies that are fiercely competitive. No rest for the weary here, lest they might loose market share or allow some upstart to enter the game things are keep tight indefinitely. An example of an industry making a commodity product that has been going through a consolidation and shakeout for over five years is the hard drive industry. A few of the names of the big names that succumbed in one way or another are, Seagate ((S) sold), Quantum (S), Conner (S), Micropolis (BK) and Fujitsu recently threw in the towel and agreed to sell its desktop drive division to WDC (Western Digital). Speaking of WDC they where the number two disk manufacture when the shakeout started, now they have fallen several notches. WDC longs where sure WDC would come out a big winner, low debt, best drives, most efficient, sounds a lot like MU longs doesn’t it? In the end there was no pot of gold for WDC and that low debt has turned into a huge one. I said WDC would never be the same when it all started and I was right. Another example is the computer industry it’s self that has been undergoing consolidation since I can’t remember and that brings out another question, timeframe? MU longs make it sound like it won’t take long, but so far my examples show that is not the case at all. An assembled computer is really nothing more than a commodity. The same parts (just not rebranded) that are in the big name systems can frequently be bought at any decent computer parts supplier. We have seen dozens of computer manufactures bite the dust over the years and some of them where power houses like Packard Bell whose computers used to grace the shelves of almost every computer store. Now there are only a few mega players left and they still are killing each other. Only IBM is really profitable, but it’s not from computer sales, it’s services. Now that I have shown some examples where consolidation didn’t make an industry highly profitable I would like MU longs to show me some that did. Also I want only ones that didn’t takes many years since they imply that happy days will be back again for MU shortly. I have thrown out the challenge so lets see if anyone can meet it. messages.yahoo.com