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

To: Fabeyes who wrote (37510)	8/15/1998 8:47:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 53903

Fabeyes, I disagree about them getting money. This bubble runup in the stock many times the company's value as an operating business has made it a perfect time to dump the rest of the convertibles on the dumb customers. "Hey, DRAM has seen the bottom, again. Here is a safe way to play its comeback." That will sell, and in this low interest rate environment, they may go for it. The negative is, junk bonds yields are not moving down with Treasuries, and Mu gets junkier every day. They might get a Single B or even a Triple C on any new issue. MB