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


To: DJBEINO who wrote (38446)9/15/1998 3:48:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
fund manager not impressed with micron tech...

>>Which companies would you avoid?
We would stay away from companies like Micron Technology (MU), for
example. There are obviously a lot of issues regarding pricing of chips
that could be disastrous for them. We would also stay away from
Seagate (SEG). It's a maker of disk drives. As you know, there's also a
pricing war breaking out there. We would stay away from the oil
field-services companies. The price of oil has dropped dramatically over
the past seven or eight months. We would also stay away from the
exploration and production oil companies. Chemical makers would also
be an industry to shy away from in this market.<<

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