SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: pat pasquale who wrote (32172)4/16/1998 8:23:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 53903
 
>>when oh when does this stock tank......<<

this s/b worth 2 points to the upside ;-)



To: pat pasquale who wrote (32172)4/16/1998 9:48:00 AM
From: DJBEINO  Read Replies (1) | Respond to of 53903
 
from ti press release:

TI now believes the world semiconductor market is likely to grow 5 percent or less in 1998, in view of ongoing inventory reductions by electronic end-equipment manufacturers, sharply lower DRAM prices,

weakness in Asia and depreciation of the yen. As a result, TI expects to see continued pressure on its semiconductor revenues and margins in the second quarter of 1998.

While the semiconductor market in the near term will continue to be affected by pressure on DRAM prices and weakness in Asia, end-equipment demand in the U.S. is relatively healthy and Europe remains strong. These strengths, combined with possible stabilization in the Asia Pacific region, could set the stage for stronger semiconductor growth in 1999 and beyond.

biz.yahoo.com



To: pat pasquale who wrote (32172)4/16/1998 10:49:00 AM
From: BSGrinder  Respond to of 53903
 
MU may be mirroring the market in general, which seems to be ignoring the sharply declining growth in profits. MU is simply the most extreme case; rather than declining profits, they have outright losses. My guess is that MU will only truly "tank" when people decide that declining profits are not a reason to continuously pay more for a stock. In a perverse way, it is amazing that in this environment, MU stock continues to drift slowly down. :-)
/Kit