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

To: MR. PANAMA (I am a PLAYER) who wrote (40477)	10/29/1998 12:43:00 PM
From: Mike M2	Read Replies (1) \| Respond to of 53903

Grim, I tink Micron is the Amazon of the chip business and nothing changes de fact that Micron is losing money and der is xcess capacity in de chip business. Having said that I have learned that Micron is capable of dishing out severe doses of tough love to de shorts. i have no position in MU but fundamentally I am a foreverbear. At some more insane price I will buy de puts. I am waiting for AG to fuel de fires of irrational exuberance with a rate cut in Nov. I suspect AG will continue to cut rates until de buck ( U.S. dollar) gets a dose of tough love. Mind you this is not the policy Will would recommend but I am anticipating the actions of a central bank which does what it is told to do " keep the orgy going for as long as possible and do not worry about the long term consequences" I tink AG's tinking has been impaired by silicon bashing. ho ho ho Willie