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To: Sridhar Srinivasan who wrote (27568)	2/2/1998 12:33:00 PM
From: John Graybill	Read Replies (1) \| Respond to of 53903

>>Today, shares can be had for as little as $35 I see, $35 is cheap...why didn't they write an article like this 10 points and six weeks ago? Oh - because nobody was packing his bags for DC six weeks ago. :-)

To: Sridhar Srinivasan who wrote (27568)	2/2/1998 12:41:00 PM
From: DavidG	Read Replies (2) \| Respond to of 53903

Sridhar, Don't forget to remind the "Forever Bears" about the production costs of the Koreans: Analysts said Korean chip companies (which have production costs of about $4.50 per unit) have been selling inventory at almost any price to get the U.S. dollars they need. Notwithstanding this additional capacity, though, there are signs now that it may be coming to an end, with chip prices on the rebound. Yahoo was the author of previous news items in the past similar to this, but when you try to retrieve them they are expired. Fortunately they re-released it.<g> DavidG

To: Sridhar Srinivasan who wrote (27568)	2/3/1998 9:54:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 53903

sridhar, mu's 16 mb net cost is $3.00. let's see, their asp was $.88 last q. muei contributed essentially nothing. they shipped over 100 million chips. that means their net income from chips was over $200 million. please explain to all where mu lost that $192 million dollars of net profit? was it the 13k people working on flat panel displays? seriously, where did the $192 million go? i NEVER said mu wasn't A low cost producer. in fact, i've NEVER heard anybody argue that. i have argued that it is absurd to put mu gross costs at $3.00 (which is close on a gross basis - but not net) and the korean's gross at $4.50 like some "analysts" do. of course, no credible source is ever given by these "analysts." why? they don't have one and alice is in wonderland. mu might very well be the low cost producer. if they are, and nobody knows on this thread, they are the low cost producer by, more than likely, just a little bit. i'd be surprised if it was even $0.10. the $1.50 put forth by some is absurdly ludicrous. mu would file dumping charges and would win in minutes. as for david agreeing that korea's costs are much higher - they admitted it on this thread (remember that, i don't ;-) - he agrees with, i believe it was peter, that korea's costs are so low that they aren't dumping. talk about confused. hey, congrats on the nice gain in the past 6 weeks. this bow wow has more lives than felix the cat.