rich, why isn't dj saying that, based on trailing eps (which are much better than forward eps!), mu is now more expensive than dell, msft, csco, cpq, intc, xlnx, altr, asnd, and just about every other wall street darling out there.
sure, there are many maybes. the market is to discount potential problems. when mu's price hits the low teens to single digits then the market will finally have discounted the potential hazards of owning this current wreck of a company.
management can't reduce costs. the can't market better. they can't sell higher. they can't compete. so they will tell all the wall sweet boys that they will lobby uncle sugar for what are weak sanctions against a few of the bit players. what a joke... |