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

To: FJB who wrote (39048)	9/25/1998 2:35:00 PM
From: Bipin Prasad	Read Replies (1) \| Respond to of 53903

MU on fire works now! Imbalance! InSook

To: FJB who wrote (39048)	9/25/1998 2:36:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

robert, now that IS news. thanks. i'm not taking any more of a position in mu. if mu keeps getting billions then that changes the scenario slightly.

To: FJB who wrote (39048)	9/25/1998 3:35:00 PM
From: VLAD	Read Replies (3) \| Respond to of 53903

"Intel's stake in Micron, could ensure the microprocessor maker a continued supply of DRAMS, prevent another shortage and keep DRAM prices from rising again." Can someone please explain this quote. Why would Intel need a supply of DRAM? I could understand if it was a box maker who took a stake in MU to obtain dram at a good price but what would INTC want DRAM for???? If this keeps DRAM prices from rising, isn't it bad news in relation to MU's earnings potential? What shortage are we talking about preventing? I thought we have not seen a real DRAM shortage since 1996???? Don't understand the reasoning at all here. Who would want to hold MU long going into another terrible earnings report???

To: FJB who wrote (39048)	9/26/1998 7:43:00 AM
From: Carl R.	Read Replies (2) \| Respond to of 53903

If Intel gives bucks to MU, then then battle for low marginal cost goes on, and on.... As I have repeatedly said, the lowest marginal cost producer will usually win unless they run out of money first, in which case the deeper pockets wins. Also it is worth pointing out that INTC has also been pretty good at investing in other companies in the past. On a more cynical note, semi manufacturers were loaning money to WFR so that they would continue to build wafer fabs. Now there is terrible oversupply and WFR is on the ropes. (Note that WFR would have made a much better short than MU two years ago.) While INTC does not buy DRAM, they do benefit from low DRAM prices. Thanks for the post, Bob, Carl