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To: Richard Russell who wrote (29540)	3/5/1998 9:18:00 PM
From: Skeeter Bug	Respond to of 53903

>>Yesterdays Achilles update<< rich, shouldn't that be "downdate?" mu bulls are seriously brain dead. ;-)

To: Richard Russell who wrote (29540)	3/6/1998 6:26:00 PM
From: Skeeter Bug	Respond to of 53903

what does this mean for mu? big trouble. why? 64 mb pressures 16 mb. 16 mb can't go up much in price without a large crossover and mu is not position well. also, pc demand growth will hault if dram goes up much. cpq, gtw and muei have all had breakeven qs now - with $2 and change dram. what happens if that dram goes up to mu's net cost of about $4.00? they lose money. can the street see mu lose $70 million in this meltdown environment and support a $35 stock price? my puts say no.