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Technology Stocks : Micron Only Forum
MU 331.04-2.1%3:12 PM EST
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To: GM who wrote (17840)8/14/1997 1:48:00 PM
From: Kerry Phineas   of 53903
 
GM, not to be rude but I think we're going to see the stock go below 20 by the end of the year. Even at 20 the stock would have something like a 4.5 billion dollar market cap, more than their expected sales over the next year. Fundamentals still are not strong and the pickup will be at least a couple of years in coming. I don't think you want to get caught in the same game that Fidelity played in '95.
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