You see, you just do not read what I write and come up with comments that have no rationalization behind. My target within two years is $80, not $98. $98 may come into play if the warrants have a sufficient forced conversion premium, even that is not so sure, a 20% premium will get you under $90. By the way, that "Pigs will fly" story was told on this thread in late 1999, when as a result of a similar scenario, when the stock was around $40, I suggested that we will see a price in the $110/$120 before 2000 is out. Maybe those pigs are still flying now....(g). Can MU pull the same trick a second time? Who knows, maybe that is why the financial engineering this time involves warrants, not convertible debentures, thus "strong hands' onto which the stock will be dumped won't see the similarity...(g)
Would you be so kind as to back up your argument why "pigs will fly" before MU reaches $98?
Zeev |
