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

To: DJBEINO who wrote (36130)	7/10/1998 2:19:00 PM
From: VLAD	Read Replies (1) \| Respond to of 53903

This sounds like the exact same blah blah bs we heard last spring when Kurlack was touting with his 55 target and 1998 EPS of over $4.00/share. Fact is that even with the Asians taking their weeks off etc...capacity still outweighs demand by a long shot. Last time the Asians cut back Micron dumped big time which helped the 16 unit drop from 8 to 2 bucks. The Asians wont forget this so easily. If dram prices go up significantly it will be the Asians who will make the first move to hopefully get one quarter of profits.