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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (25105)12/14/1997 10:17:00 AM
From: Skeeter Bug  Respond to of 132070
 
jeff, mu is toast. burnt toast. i've been saying that since mu was $30 - before it went to $60 ;-) everybody and their grnadmother is making dram and adding capacity.

demand, in and of itself, is meaningless. for those bulls on this thread that didn't understand that before, kip ba-blowhard cleared up their understanding ;-)

SUPPLY is overwhelming great growth in demand - hence, prices are plummeting and everyone loses money. unfortunately for mu, korean dram recently became 40% cheaper and korea wants to export itself to good health.

i've actually rethought my semi equipment 3 month play. why? after that they'll be shut down for a loooong time. the bulls are just a little bit wiser right now than they were a few months ago.

good luck and don't go long on mu. that is, if you want to keep your net worth moving in a positive direction...