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

To: Patrick Koehler who wrote (31322)	3/26/1998 5:17:00 PM
From: Chas	Read Replies (2) \| Respond to of 53903

Patrick, I probably am not the guy to ask about options, I have 40 MUPZ right now, and hope to make some money here by next week but its tough to say what will happen. I do know DRAM pricing is under extreme pressure and even though most of the readers here may not want to hear about MU going down, I am afraid this is bad news for Micron. And its difficult to predict where the stock would go, based on continued downward DRAM price pressure. I think it would take some major announcement either from Micron filing more charges against other DRAM suppliers or the European authority issuing some kind of statement. This would be positive for Micron, the only thing positive unless the Koreans or Japanese would offer them 50 cents on the dollar for their company. Micron will be needing the cash soon. Good Trading.