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Technology Stocks : Micron Only Forum

MU 246.95

+4.1%

Dec 8 3:59 PM EST

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To: Skeeter Bug who wrote (25616)	12/17/1997 10:39:00 AM
From: DavidG	Read Replies (4) of 53903

Skeeter, >> $23 is a 100 FORWARD pe. that is absurd. << I think the high PE is saying thay the market believes it will do much better in the near future. Stop being so negative on MU. They showed you that they are a good company that is able to reduce costs, make quality products and increase market share while in a very lousy sector. If the sector improves MU will fly. Why don't you psych yourself up for a great ride too.<g> Remember MU does not go straight up or down, so take advantage of it. Good Luck Trading DavidG

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