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Technology Stocks : MICRON TA ONLY -- Ignore unavailable to you. Want to Upgrade?

To: DavidG who wrote (148)	11/12/1998 3:29:00 PM
From: Carl Held	Read Replies (2) \| Respond to of 214

For all those who believe in the semi report.....read this Hardware stocks pause Investors seek proof of industry rebound By Binti Harvey, CBS MarketWatch Last Update: 2:15 PM ET Nov 12, 1998 NewsWatch NEW YORK (CBS.MW) -- Semiconductor and computer stocks struggled to regain forward momentum Thursday, as investors adopted a wait-and-see attitude. Chip stocks lagged after a bullish industry growth forecast by the Semiconductor Industry Association failed to generate enthusiasm among analysts or investors. Terry Ragsdale, semiconductor analyst for J.P. Morgan, cited the declining credibility of industry trade organizations' forecasts. "Nobody's semiconductor forecast has been worth the paper it's been written on for a long time," Ragsdale commented. " ... since 1995, the forecasts have always been too high." This is what I have been saying......take this report with a grain of salt, they are trying to hype their industry, you need to see the big picture, most of you have tunnel vision which will get you into trouble. This stock should be in the 20s due to their current condition, not what will happen 2 - 3 years from now.

To: DavidG who wrote (148)	11/12/1998 3:31:00 PM
From: alan	Read Replies (2) \| Respond to of 214

All Micron traders - Korea Herald web site story says the Koreans are ramping-up to full production this month. Not a good time for a big supply increase - seasonal peak in demand just passed. Check out the story - the street has not picked it up yet!