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

To: John Graybill who wrote (43446)	3/3/1999 10:19:00 PM
From: Chas	Respond to of 53903

I am trying to review the data points I have heard over the past several days that keep telling me not to think too negatively on the outlook. -Micron end of qtr, I realize they had to clean out the warehouse, but I dont think they did too much damage to the spot or the OEM market and sold most of the product so earnings should be ok. -Luckily NEC and other Japanese are in retreat mode, LG trying to get going again only to be sold, so why the bother. -Now that RDRAM issues have finally come out PC133 is breathing strong life and Micron is in perfect position to immediately capture this front end demand in Q2. Micron is very fortunate here being so late on RDRAM, and should bode well for earnings as PC133 will command a premium over PC100. -First to start producing .18um and will give Mu a head start to stay ahead of the Asian companies. current yields are improving on .21um. -PC market being said to be soft, will pick up steam again in March whenever the Analysts decide, Gateway wasted no time in selecting AMD for K6-3 to capitalizing on the obvious. -Hyundai and LG if it ever happens, and I think now the government has stepped in once again to finalize it, will combine outputs of both companies and give Hyundai who was instrumental in voluntarily curtailing production last year, will work with Samsung to do this once again. They saw it work and DRAM rose from $6.50 to $10. I think this will be positive for Micron because major suppliers are trying to control the price and not let it freefall like from 96-98. We shall see. -The dumping charge Micron made on the Taiwanese is suppose to be announced in the April-May timeframe. I would expect a positive ruling in Micron's favor. This should be again, another chapter, but it cant help but be positive depending on the outcome. Good trading.

To: John Graybill who wrote (43446)	3/4/1999 12:41:00 AM
From: Fabeyes	Respond to of 53903

John, Here are the two blocks you mentioned. quicken.excite.com

To: John Graybill who wrote (43446)	3/4/1999 9:27:00 AM
From: Tom Moore	Read Replies (1) \| Respond to of 53903

I wish I knew how to interpret that 52 3/8 point. It had the biggest bid size I've ever noticed - about 127,000 on the bid at 52 3/8 - yet it broke through in very short order. Normally traders will see a bid (or ask) size of even 50,000 as a support (or resistance) point and promptly create a move 1/4 to 1/2 over 5-15 minutes even if the point breaks a few minutes later. Yesterday there were obviously sellers prepared to take out that huge bid point and it broke in a minute or two proceeding down to 52. Who's got the tea leaves? Gotta believe it supports the sickly behavior or MU. Hope so 'cause I stayed short overnight which is rare. T.M.