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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (27581)	2/2/1998 5:41:00 PM
From: Richard Russell	Read Replies (1) \| Respond to of 53903

SB, You are absolutly right. How many times in the past month have we heard this same garbage. Its not news DJB it just a constant repeat of the same hype. I guess the idea is if it is said enough times over and over again it must be true. And its working. >If, however, Korean chip makers are bailed out -- and low DRAM prices prevail -- none of the 16-meg DRAM makers will be smiling, especially Micron. Worse, if a shift into the 64-meg DRAM market takes place soon, Micron could find itself behind the 8-ball again.<< This is the real story. I would like see to a story which went into more details of those facts. And as usual they cite unamed anlyst as the source for incorrect profits and margins from both mu and competitors. It really dosen't matter what the truth is with this stock. Earnings, memory chip pricing, market condtions, etc. are all INCIDENTAL to the stock price movement. You must identify the flow and go with it. Keep your powder dry cause its just matter of time before the plug gets pulled. The question is how long and how high till that happens. RR