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To: Skeeter Bug who wrote (24588)	11/30/1997 5:44:00 PM
From: Mike M2	Read Replies (1) \| Respond to of 53903

Skeeter, i wonder if mr. still feels it is foolish to bet against this multibillion dollar company. Yeah, i remember Grim's rather grim forecast for SEAsia. There were a few people who saw the problems there before they hit the headlines like Richebacher. I don't think Grim believes everything he writes-g- BTW I have probably mentioned this site and i highly recommend it. gold-eagle.com Mike ho ho ho

To: Skeeter Bug who wrote (24588)	11/30/1997 8:40:00 PM
From: DavidG	Read Replies (2) \| Respond to of 53903

Skeeter, << mu will be fortunate to be breakeven this q and they don't stand much of a chance to see black next q. >> MU has breakeven on MUEI and reports are coming out that MU chip cost is $2.50 and your estimate of $4.50 asp leaves a net gain of $2.00 per chip.:-) 30 mil X 3months is 90 million built chips for Quarter times $2.00 per chip is $180 million. Wouldn't that be a surprise...not saying it will happen but makes you wonder. Good Luck Trading DavidG PS: Imagine if $2.50 is correct and $4.50 is on low side because there is a 50-50 DRAM to SDRAM production where SDRAM has higher margin and asp...oops could be trouble for the shorts.<G>