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To: Trey McAtee who wrote (22713)	10/22/1997 11:10:00 PM
From: DavidG	Read Replies (2) \| Respond to of 53903

Trey, << you misqouted me. i dont use the word gobbledygook >> I Wasn't quoting you, I was just saying what I thought it was...gobbledygook! << MU is not a 6 billion dollar company. >> Get your facts straight, MU IS A 6 BILLION DOLLAR COMPANY...$6.89522850 billion to be almost exact. << if applejacks is so brilliant, then why hasnt he anticipated the previous three cycles...blah..blah..blah >> The fact is... he is doing the most that can be done. That is what a commodity business is all about. In fact he was smart enough to reduce production costs to maintain low cost producer status, as well as gain market share over the competition to increase volume output and add to revenue. Trey, you really have your head in the sand. << i can not imagine why i would think you're a bull.could it be that fact that you continously ignore relevant information that is bearish? >> I hope you realize NOW that this makes absolutely no sense! I never ignore information bearish or bullish, nor does anyone else on this thread...but certainly I would say there is some information I take issue with such as your information in your past few postings. << if we invested the way you want us to, that is to assume that we are completely ignorant and worthless compared to a 'brilliant'(no davey i do not mean this to be a direct quote) CEO and analyst community, we would be LOOSING tons of money. >> This is nonsense...I really don't care how you invest your money nor do I suggest how you should invest your money....nor do I want you to follow anybody... My ONLY concern is to collect facts that can be used for A Fundemental analysis. Then I will do what I think best. If you wish to know what I do.. than I will share with you..If you don't than that is fine too. Trey, your problem is.... your mind is working like a broken modem that transmits and never receives. How do you ever expect to learn anything. << but what you miss is the fact that MU produces a commodity product, and that the product has cycles. we have just finished the top of one, and we are fast approaching the bottom. >> This is an absurd statement on your part. First of all EVERYONE understands this is MOSTLY a commodity co. and as far as the bottom...it may be approaching it ...near the bottom of it....or at the bottom of it and only time will tell. Trey, get your modem fix and then maybe you will appreciate others on this web. Good Luck Trading DavidG

To: Trey McAtee who wrote (22713)	10/23/1997 8:38:00 AM
From: mike iles	Read Replies (2) \| Respond to of 53903

Well said Trey ... one thing I don't understand about the bulls is that they think management can go behind closed doors and somehow pull a rabbit out of the hat to offset the impending disaster in their current mainstream business that accounts for 98% of revenue (excluding the boxes). Well they can pull a whole pack of rabbits out of the hat, it just ain't goin' to help. The bulls should ask themselves: how long did it take to create the current $2 billion run-rate memory business? how many years of building up their expertise in process technology, of investing in their fabs, etc... How dedicated is this investment, can it be quickly targeted at another large market opportunity (RICs are fledgling compared to memory)? etc... I think the answer you get is that MU is committed, whether it wants to be or not, to memory. That's why there's still 25 guys slugging it out. Nobody can afford to leave. When Steve A says that he might not invest as much if the market stays weak you gotta laugh. What's he goin' to do?? regards Mike