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


To: Knighty Tin who wrote (38691)9/19/1998 9:39:00 PM
From: Carl R.  Read Replies (2) | Respond to of 53903
 
The answer is neither is a lie. The high cost plants are so far out of the money that the price will never rise enough to make them profitable and they must be either closed or upgraded. The price increase is real, but is no doubt temporary. However as MU move to .21 and then to .18 micron they may well reduce costs faster than the price falls. Or maybe not. Time will tell.

Carl