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To: Hightechhooper who wrote (13689)7/20/1998 1:05:00 PM
From: FUZFO  Read Replies (1) | Respond to of 25814
 
K, is this stock going under $20?, Is the bad news worse than anyone priced in at 22-23? If so, I may just take my loss and re-enter below 20.
Fuzfo



To: Hightechhooper who wrote (13689)7/20/1998 2:06:00 PM
From: patrick tang  Respond to of 25814
 
Doesn't look like we'll get any boost from end of summer PC upturns:

lehman.com

As I have said once, I think any summer or fall upturn will most likely be lead by Taiwan. Without any upturn on PC segment, it's just too much capacity and not enough killer apps. Let's hope Aug can be better. Judging from the way DRAM has held up pretty good for the last 2 to 3 weeks, hopefully we'll see a better Aug.

patrick


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