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To: TREND1 who wrote (31112)	3/24/1998 9:29:00 AM
From: Amjad	Respond to of 53903

MU investment strategy: Lessons Learned from disk-drive makers. Back in August 1997 many of us admired WDC and other storage media companies (Segate, Quantum, I-Omega, etc.). The first sign of concern was over inventory levels and pricing pressures; Isn't that what we are now hearing -and have been for a long time- from MU. Can anyone tell me what makes MU different? I remember the easing of concern at some point after it was stated that the problem was overstated. But then after a short lived recovery, WDC plunged from the mid-50s to the mid-10s! The timing looks similar, the peak was during the August-September 97 peak, which is comparable to the current peak for DOW. With no recovery even being mentioned, shouldn't this stock trade at 20?