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Technology Stocks : Micron Only Forum

MU 236.48

+2.7%

Nov 28 9:30 AM EST

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To: Grant R. Cynor who wrote (265)	6/9/1996 1:43:00 PM
From: Jim Patterson	of 53903

Don't be so sure of yourself Grant. As a firmly entrenched MU Bear, I think that it will be really intresting when they report Earnings on Thursday after the close. Remember that their ASP last quarter was 11.50 and they had 76 cents from operations and 20 cents somewhere else. Currently Spot prices for 4mb fp parts is arround $ 2.50-2.80. That is a far cry below 11.50. also when last quarter ended the Spot price was below $ 10.00. There is a strong posibality that their Earnings disapoint. Of course in todays markets, that does not mean that the stock will go down. Jim The anti MU guy in misc.invest.stock

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