Micron Only Forum Message Board

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Technology Stocks : Micron Only Forum

MU 237.50

-1.5%

Dec 15 3:59 PM EST

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To: Sridhar Srinivasan who wrote (16582)	7/14/1997 4:56:00 PM
From: MythMan	of 53903

Sridhar - I disagree that the bears disregard positive information about Micron. Its the valuation we have a problem with. I think you are confusing the issues. The entire stock market has reached mania valuation levels. MU is but one of hundreds of stocks whos prices are way beyond what the business is worth. stocks have become commodity like.....just swap em and ignore market caps, growth rates et al. Look at amat, which i consider to be a premier company (mu is not). A month and a half ago you could have bought it for less than 60. Its now 80+. Thats wacko and so is MU @ 40 anything. they can be low cost producer, I don;t care. Their business sucks. I'd buy KO @ $70 before MU at $25. Also, can't believe you site a kurlack comment. That moron said to sell Intel last year @ $50. Pete

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