Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Alastair McIntosh who wrote (3257)	5/24/2002 9:29:13 AM
From: robert b furman	Respond to of 95622

Hi Alastair, I believe the price run-up was the result of a perception that Micron had negotiated a purchase of Hynex. At that point,the predatory pricing would be discontinued.This was the result of a widely perceived notion that excess capacity would be curtailed. When the board of directors misbehaved and refused to bail out the bond holders of the companies debt - Micron turned up the heat and is administering an additional marketplace lesson of below cost bleeding. When in debt - which Micron is not(the most efficient business model) AND you have the most efficient manufacturing process- your competition which has neither - well lets just say their minds shall soon follow. Bob It is indeed a very cut-throat business. Only the strong survive. The market place proves all- and yes some do control/manipulate the market.