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Technology Stocks : Micron Only Forum

MU 241.08

-6.7%

3:59 PM EST

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To: valueminded who wrote (19818)	9/19/1997 9:35:00 AM
From: Chih-Lun You	of 53903

Yahoo!!!!!!!!!!!!!! Actually, this reduction is good news for the company. The main reason for the continuous drop on MU prices is due to market uncertainty about how bad this quarter is going to be. Now, some analysts just reduced the estimate a little. I believe if they feel that there is really some problems with the company, they should decrease their estimate to the level where they think is accurate. In the views of most bears on this thread, it should be reduced to .20-.30. Go Micron!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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