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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BSGrinder who wrote (53803)	3/29/1999 12:25:00 PM
From: Mike M2	Respond to of 132070

Kit, my read on TI sales of micron share -they will sell ASAP. My simple reasoning if Ti wanted exposure to DRAM they would not have sold it. TI knows the reality of DRAM as well as anyone- assuming the bears are correct ( I believe they are) they know that the supply/demand situation will be unfavorable for a while. I have seen no tangible evidence of a significant turnaround in the DRAM industry since TI sold. Yes micron reported a $22 million profit on about $ 1 billion in sales but that is a long way from the boom times of 1995. Although the PC bulls have been in Dellnial -g- I think most can agree that the rate of growth in PC sales has slowed . When the shareholder economy of the US slows it will only aggravate the situation. I suspect TI will jump at the unbelievable opportunity to sell micron shares in the 40's and 30's. mike