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Technology Stocks : Micron Only Forum
MU 232.99-2.3%2:03 PM EST
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To: Skeeter Bug who wrote (53730)2/1/2006 6:01:14 PM
From: Bilow  Read Replies (1) of 53903
 
Hi Skeeter Bug; Remember this:

Bilow, November 28, 2001
If I put a P/E of 15 on those 5 years' profits of $1.80 per share I end up with a stock price of $5.40, which is around where I'd expect MU to go to. But as far as them going out of business, I just don't see it.
www.siliconinvestor.com/readmsg.aspx?msgid=16713062

MU was around $20 or $30 back then. They still don't look too healthy. I think it's largely because Hynix never got put out of business.

-- Carl
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