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Technology Stocks : Micron Only Forum

MU 232.21

-2.2%

3:09 PM EST

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To: Trey McAtee who wrote (17390)	8/8/1997 12:29:00 PM
From: Knighty Tin	of 53903

Trey, I can't see how even the most bullish analyst forecast, other than Kurlak's, which have never been right and deserve to be categorized as science fiction, can justify a price in the high $50s. With pc sales in the toilet, DRAM prices flushed ahead of them, and MUEI doing everything wrong, you have to wonder what the analysts are factoring into their spread sheets. What I find funny is that consumer demand for boxes was slimed when Christmas sales flopped last year. Now that sales are lousy in the first 65 pct. of the year, consumer Xmas demand is going to bail them out? No way, Jose. If 80 pct. of sales are to corps, then I doubt that a new pc will be in an employee's Xmas stocking. -g- MB

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