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Re: Bearmove post# 120392

Tuesday, 06/17/2003 2:19:55 PM

Tuesday, June 17, 2003 2:19:55 PM

Post# of 704047
Bearmove...

I expect them to disappoint, especially relative to the positive blurb the other day. End user sales of equipment their memory chips go into are stagnant, at best, with no signs of improvement. MU is very overpriced for a stock that has lost money quarter after quarter for a very long time, and they are beginning to have to watch their cash burn rate. The new MRAM is a ways off, but ultimately could deal a severe blow to MU's business and at the very least put pricing pressure on them and cause them to have to invest heavily in new equipment.

I think that if I am correct about the overall economy, MU is another that could get into serious trouble.

mlsoft

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