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Technology Stocks : Micron Only Forum
MU 225.72-3.0%Dec 17 3:59 PM EST

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To: WHL who wrote (294)6/11/1996 6:50:00 PM
From:    of 53903
 
William,
Do you really think that a move from.81 to .84 is a turnaround?
Did you really think that the BTB would stay at .78 or .79?
This is a non event. This doesn't change ANYTHING for Mu.
You say that Mu's earnings are old news for Mu for they are not reflected yet in the stock price and future earnings will even be worst. Compare the P/E ratio today and one year ago. And don't forget that last year it was a growing company with DRAM prices going up and a shortage... The turnaround has already happened...

Emmanuel
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