Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Thomas G. Busillo who wrote (16769)	7/17/1997 10:00:00 PM
From: Trey McAtee	of 53903

tom-- You managed in this one post to explain what many 'bears' have tried to get across for months. What many on this thread should remember is that bear and bull are transitory terms. when MU goes into the 20's i will be bullish on it, but right now i am not. it has nothing to do with a desire to see the company bancrupt, but instead with a stock price that reflects its value over the next 6-12 months. Your cash flow analysis hit the nail right on the head. What also needs to be mentioned (because it goes hand in hand with this) are margins. mike burke spent most of last spring hammering that into me, and when i finally got it, it was eye opening. the problem MU faces today is not bancruptcy, it is the short term erosion of margins which will make for very difficult times ahead. good luck to all, trey

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next