Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: J. P. who wrote (42516)	1/27/1999 8:56:00 AM
From: Chas	Read Replies (1) \| Respond to of 53903

If DRAM were to tighten from here, if the LG thing continues, then taking LG supply out of the market could cause DRAM pricing to firm further. As prices rise, this increase will impact MU earnings in the future quarters at the same time MU is improving their yields on their .21um shrink lowering their costs. Lots of if's, no guarantees. I am in at 68 5/8 on new positions, target 78-79.

To: J. P. who wrote (42516)	1/27/1999 9:18:00 AM
From: Carl R.	Respond to of 53903

Actually MU like other stocks trades more on marginal news than on fundamentals. In other words, when there is new news that is "good" the stock tends to go up, regardless of where it is. When there is new bad news the stock tends to go down, regardless of where the stock is. Of course the higher the stock relative to fundamentals, the less impact a piece of marginal good news will have and the more impact a piece of marginal bad news will have. At this price "good" news items will have only limited impact, while "bad" news items could have a much larger impact. Carl