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

To: rob who wrote (30675)	3/18/1998 1:13:00 PM
From: TREND1	Read Replies (1) \| Respond to of 53903

rob You seem to have a very good back ground in engineering. Dave and I are engineers also. Now let's get to your education in the stock market ! Micron is in a cycle industry (1) You know that Silicon Valley goes through cycles. (you live there) (2) Micron is in the dram business. (3) As dram makes money, dram fabs are built ! (4) as dram loses money, dram fabs are put off ! (5) Like HOGS, Drams have multi year cycles. (6) BIG FUNDS know about these cycles. (7) You make money in dram (and Micron) by selling when earnings are high...like MU=95 and qrt earnings are $1.51 back in Sep 1995. (8) You buy companies like Micron when earnings are bad and stock prices are low. (9) Now was that at MU=22 last Dec 15, 1997 ?? Or is it that in the future at MU=15 ?? and "worst" earnings ? (10) davidg, patrick , and I know that we "do not know", so we trade MU. (11) Maybe you will know when to buy MU ? Maybe you will not ? Larry Dudash