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: Thomas G. Busillo who wrote (44873)	4/6/1999 8:53:00 PM
From: John Graybill	Read Replies (1) \| Respond to of 53903

I like (B) the most. Who can possibly argue with whatever the MU publicity alchemists can come up with? And more is better, right? You bet! "Micron Technology (MU) was up three points today on positive comments during a company-sponsored meeting for analysts. 'We will block the Idaho sun with our production of DRAM in Q3 1999!', effused Micron CEO Steven Appleton." (E) is right up there as well for similar reasons of non-transparency. (I like (A) the least. (A) is becoming so popular that people that can't even write intelligently are using it: "memory prices have finally begun to stabilize, although memory has recently begun to go south again." news.com If the eyes of the editors are so glazed-over that something like that makes it to "print", then we must conclude that it's losing its zing.) May I offer a dark-horse of my own?: 4) "In thumbing its nose at Intel mere months after having received $500M in loans, Micron makes a de facto announcement to the marketplace that it intends to default on that debt, and by that very fact, ensures that borrowing via normal venues of credit will no longer be an option. Only a company supremely and uniquely confident in its projections for its financial future could display such arrogance toward its lenders in the capital-intensive semiconductor business. Therefore, we raise our rating on Micron to "Super-Duper Buy with a cherry on top"."