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: A. A. LaFountain III who wrote (45555)	5/3/1999 7:31:00 PM
From: Fabeyes	Respond to of 53903

... 64K parts with a dollar bill wrapped around every one. If the ASPs continue to fall and STAY that way you can adjust the above statement to a five dollar bill wrapped around each one, plus postage.

To: A. A. LaFountain III who wrote (45555)	5/3/1999 7:53:00 PM
From: Justa Werkenstiff	Respond to of 53903

Tad: Re: " As prices have been creamed over the past three months, my tendency is to believe that the correction process is well underway." Let's see here. DRAM prices continue to crater and the stock does nothing but stabilize of late. Yes, I would say the correction process is well under way in the eyes of the market. Re: "So I share many of the concerns so well stated by you and others. But at the right price (or anywhere near it, for that matter), I'm willing to look past some or all of them. We'll probably be in discussion for the next several months about what constitutes the right price (and I look forward to continuing the dialogue)." Makes sense to me but I am not certain you will have several months to discuss it. Perceptions, whether right or wrong, could change much more quickly than that. FWIW, I don't "invest" in MU.