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To: Richard Russell who wrote (27415)1/30/1998 1:27:00 AM
From: MR. PANAMA (I am a PLAYER)  Read Replies (2) | Respond to of 53903
 
RR Key commodity companies should be bought when the earnings are negative or slim . Likewise sold when the P/E are "low". As time goes on technological changes hopefully continue to bring the costs down and margins swell during the upcycles. Due to the "Abnormal Growth " forces that have been in place due to Foreign Dumping the cycles have been skewed...insanity been stopped due to SEA results in hopefully more predictable cycles...



To: Richard Russell who wrote (27415)1/30/1998 10:12:00 PM
From: Skeeter Bug  Respond to of 53903
 
rr, greed is running mu's price up. the funny thing is, the same greed drives the asians, and other players in dram. they will build if they honestly believe it has a bigger benefit than cost.

mu investors believe it does. why not asian investors? the fact is they do. the exhuberent investor is more detrimental to mu the compay than any other one factor.

if mu's asp is truly $3.05 (i expect higher) then they are toast this q.


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