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

To: mike iles who wrote (22662)	10/22/1997 3:16:00 PM
From: davesd	Respond to of 53903

Thanks Mike, for a second I thought I had it wrong. dave

To: mike iles who wrote (22662)	10/22/1997 3:29:00 PM
From: DavidG	Read Replies (2) \| Respond to of 53903

Mike, << DRAM prices generally go down. But the boys in Boise don't fully appreciate this fact. >> Do you really believe MU does not understand this and yet everyone on this thread does...no.. I mean everyone on this web does understand this. Your comments, although good and informative are an over-simplification of the way commodity markets work. I believe the statements you quoted by MU are to some degree taken out of context. Remember DRAM was coming off a sharp decline in the spring and MU was expecting some bounce back. There was some bounce but probably not what they were planning for. Larry is just making the observation that the DRAM market is difficult to project right now with the Asian market giving away their lunch. Their game is to increase their market share and keep their FAB pumping product and their people employed(This is obviously not capitalism). They are in deep s... and it is certainly spilling over to US. But eventually it will work its way out and their future efforts by them will be given a second or third look before they try this nonsense again. Already some companies are backing out of DRAM, US and Asian. That is why our dumping laws are there to protect our US companies and prevent total dependency on foreign entities that try to control the market. DavidG

To: mike iles who wrote (22662)	10/22/1997 3:55:00 PM
From: TREND1	Read Replies (4) \| Respond to of 53903

dave and mike OK ! Micron is holding inventory ! Now tell me why ? Larry Dudash

To: mike iles who wrote (22662)	10/22/1997 4:47:00 PM
From: Skeeter Bug	Respond to of 53903

>>I think what you're not taking into account in looking at their behaviour is that while it would be rational to ship them ice cubes before they melt, MU's management is lumbered with an irrational stock valuation and so they're behaving irrationally in order to support it.<< amen. mike, the shear arrogance of mu bragging during the korean holdback was amazing. god gave them a HUGE gift and they turned around and were totally self absorbed and said how great they were. if i were the koreans my next plan would be to napalm the weak sisters. the loud mouths first.