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

To: Skeeter Bug who wrote (44003)	3/18/1999 9:28:00 PM
From: phbolton	Read Replies (1) \| Respond to of 53903

Skeeter: <g>

To: Skeeter Bug who wrote (44003)	3/18/1999 10:40:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 53903

Interesting for that article to come from you, skeeter, considering how bullish TI is on the stock, and on MU's status as a low cost producer. It's also interesting to note that while TI was a technological leader in other areas, they were clearly a laggard at DRAM, and the cost of being a laggard is huge. While you think MU is a laggard, they were clearly not in the same league with TI. I also note that in that piece our local celebrity, Tad LaFountain says In the technology area the worst thing that can happen to a stock is for a company to start generating earnings because people will actually calculate a PE . Oddly I think I read that somewhere recently. <VBG> Carl

To: Skeeter Bug who wrote (44003)	3/18/1999 11:50:00 PM
From: TheStockFairy	Read Replies (1) \| Respond to of 53903

"We believe in the 'sine wave theory' in the DRAM business, and this marketplace is poised for another up cycle," maintains William (Bill) A.Aylesworth, TI's chief financial officer and senior vice president. Speaking at an analysts' briefing in early March, he commented that DRAM up cycles run historically from two to three years and it's during that time that TI wants to "commoditize" the Micron stock. But TI executives figure that the price will bounce up again when the DRAM market begins a long-awaited recovery, which they say could happen anytime in the next nine months. (yay! I may get to buy some puts on micron at 200! Go Dan Niles!) "Hello, Ameritrade? This is Bill Saylesnerf, I would like to place an overnight market order to sell 41 million shares of Micron at the open," Bill was quoted as saying. "Will that still cost $8? No, I don't want to pay $4 for the limit order" When asked the question "Are you happy to be rid of the gigantic white elephant?" Bill replied "Well, it beats the hell out of 1.5 billion in losses."

To: Skeeter Bug who wrote (44003)	3/19/1999 1:17:00 AM
From: John Graybill	Read Replies (1) \| Respond to of 53903

"All I can say to them is 'Good luck'", responds A.A. (Tad) LeFountain, principal semiconductor analyst at Needham & Co... Tad, tsk tsk...You could have said, "All I can say to them is 'Good luck, and when it comes time to sell, check in with the gang at on the SI thread.' By the way, when did you get the idea for this article, anyway?" :-)

To: Skeeter Bug who wrote (44003)	3/19/1999 11:04:00 AM
From: Earlie	Read Replies (1) \| Respond to of 53903

Skeeter: I LOVED that post. The comments were hilarious. First, as you point out,...they are obviously glad to be out of the business after a decade of losses. Then they provide some cheerleading to try to keep the suckers buying the stock, so that they can shovel it to the lambs come April 1. bsolutely classic behaviour. If ever one was handed a perfect money-making opportunity, this is it. Especially today, with option madness in the air. (G) Best, Earlie