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Technology Stocks : Micron Only Forum

MU 276.58

+4.0%

Dec 22 3:59 PM EST

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To: Skeeter Bug who wrote (47448)	8/2/1999 4:58:00 PM
From: Jeff Leader	Read Replies (3) of 53903

Analysts continue to cut their estimates for MU. Estimate for this Q now down 225% from 60 days ago ( +.15 to -.19). Estimates for FY00 now down 50+% from 60 days ago (+1.68 to +.81). They are lowering the bar almost daily, yet nary a downgrade in sight. And the stock is up 60+% over the past 60 days. P/E based on FY00 E is now 3X what it was just 2 months ago - now an incredible 75! Common sense? We don't need no stinkin' common sense! biz.yahoo.com

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