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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (32655)	9/18/1998 5:59:00 PM
From: Knighty Tin	Respond to of 132070

PK, PCs are becoming color tvs. There is only so much a computer can do. After that, you ask it to do it quicker, better, or more simply, but the basic needs are satisfied by a very cheap box. Every time I say this sort of thing, gamers and engineers tell me I'm nuts. And, for them, I am. But there are not enough rich gamers or engineers to continue to buy the latest box for what is minimal additional useability, if any. So, the box continues to be a commodity and cheap mfg. and effective marketing become the whole game in the fight over a skimpy profit margin. Y2K will also demolish business sales in the short term, mostly next year. That certainly is not in the price of the stock. MU was the top commission generator last year for Merrill Lynch. Merrill, is, of course, the top sales floggers, and last year was a great year for volume in the markets. So a lot of suckers bought the stock and a few even bought the brain dead convertibles. This last fall from near $60 cost some moolah. Even Jim Cramer cursed Kurlak in public when he stopped making up his fantasies. This will be one for the textbooks in the future. MB

To: Broken_Clock who wrote (32655)	9/18/1998 9:42:00 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 132070

>>I am just hoping MU can run back up to 36 before it turns south again << I hope not !!! Ran out of patience and grabbed October 32 1/2s MUVZs. Someone posted this to me. from briefing.com 13:15 ET Micron Technology Inc. (MU) 29 11/16 +1 5/16: Speaking at the Nationsbanc Montgomery Securities conference, memory chip maker says that it has been able to raise its chip prices to top PC makers as excess capacity has been whittled down; MU says that it has been able to pass on higher 64-megabit memory prices to tier one accounts from $7.60 to $8.00; company also interested in getting involved in the memory module business due to much more attractive margins. Does this mean they might actually have earnings sometime in the next 50 years??? Good Luck, Lee