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Technology Stocks : Micron Only Forum
MU 232.50-2.9%2:18 PM EST
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To: H.P. Yee who wrote (2518)9/19/1996 4:54:00 PM
From: Bipin Prasad   of 53903
 
HP, I wouldn't place any meaning on moving the announcement earlier.
They may have simply been ready earlier or may have rushed to pacify
some nitwits claiming that the report was "delayed".

Loss is expected. Anything else will be a surprise. They have said
in their last conference call that their bit-wise production will
be flat. We know prices have dropped. And that they do not have the
same elasticity on prices for the supplies. All adds up to a loss.
But as Larry said, that is history. Stock price is looking forward.

Good luck.
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