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To: DavidG who wrote (22930)	10/25/1997 12:35:00 AM
From: Skeeter Bug	Respond to of 53903

i agree. it makes a bad environment worse. actually, i have never commented on appleton, bedard, or mu management from a manufacturing standpoint. i think they are great manufacturers and that they run a very tight ship - i don't think one can expect more from a management team from an operational point of view. however, their pr and touting is a joke and many that bought into kip's "demand remain strong" statement are now down 40% in a bout 2-3 months. there was no justification to say that. it was terribly misleading and, in the long run, didn't help to support the price of their shares. it added no value, except for a few traders, and hurt their long term investors badly. do they care about long term investors or traders? owners ought to know going in. mu management is merely a victim of circumstance. kind of like jeff hornacek defending michael jordan. ;-)

To: DavidG who wrote (22930)	10/25/1997 12:58:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 53903

let me give you a specific example of what i'm saying about the press matching achilles within +-5%. this link is about mu, txn and dram. it is not affiliated with achilles in any way. no cover up, sinister plot or conspiracy here ;-) fool.yahoo.com i quote... >>Shares of MICRON TECHNOLOGY (NYSE:MU - news) , an excellent proxy for the DRAM spot market, fell $1 5/8 to $30 1/8 today as the closely watched spot prices for DRAM have continued to deteriorate. TEXAS INSTRUMENTS (NYSE:TXN - news) , another major manufacturer of DRAM, lost $9 to $111 7/8. Since mid-August, spot prices on 16-megabit chips have fallen from $5.70 to $5.80 all the way to $4.10. In the last month alone the drop has accelerated, with 16-megabit DRAM units down from $5.15 and slipping as much as 30 cents per day. Even pricing on cutting edge 64-megabit DRAM has dropped from $25 to $23, which has pushed memory makers further into the red.<< this news article states dram spot pricing is at $4.10. how does that gell with achilles? pweb.aix.or.jp achilles has $4.35 as of oct 23rd. achilles and this article gell very nicely. so we have a match. we have a match when tk was gquoting prices. we have a match when jerry quotes prices. in fact, we've never had a pricing disconnect. i know what the reasonable conclusion is based upon the facts is. btw, achilles appears to be too generous. perhaps i ought to revise my asp down a little ;-) another fact to note is that 64 mb dram is already producing losses. why? this glut is massive and getting worse. why even move to 64 mb dram to only lose money before you begin? good question. i can't answer it.