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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (5824)	7/11/1998 7:19:00 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 42834

Skeeter: Re: " bob is ABSOLUTELY WRONG on the chippies. micron is losing cash at close to $1 billion a year. check their balance sheet. they don't have all that much cash. at some point, survival outweighs everything else." Re: "mu at $30 is a joke. current stock prices assume the money printing mania by alan greenspam continues. one this is for sure, it can't. when the plug is pulled, i don't know. i've heard the term inflation on the radio. rates will probably rise. 5% eps growth will one day not support 30+ pe ratios." What's the matter? Has Micron gone against you or something? Brinker has no position on MU and has never recommended its purchase. But I am glad you disagree with something Brinker has not issued an opinion on. He may well agree with you on MU if you gave him the chance. Good grief.

To: Skeeter Bug who wrote (5824)	7/11/1998 8:01:00 PM
From: Investor2	Read Replies (3) \| Respond to of 42834

Re: "i can easily see amat in the low to mid teens before the situation gets better." Wow! That's quite a negative outlook on AMAT, a drop of 50% from the current price, which itself is a drop of 40% from AMAT's highs. In fact, I think that's the most negative AMAT forecast I've seen. At what level would the Dow Jones Industrial Average, NASDAQ Composite, and S&P 500 be if AMAT went down to the mid-teens? Surely, they would experience significant drops if AMAT goes down another 50%! Best wishes, I2