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Technology Stocks : Micron Only Forum

MU 237.31

+0.3%

10:53 AM EST

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To: DavidG who wrote (24594)	11/30/1997 9:58:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

>>MU has breakeven on MUEI and reports are coming out that MU chip cost is $2.50<< dave, are being serious? their asp last q was $6.50. if their net cost (you didn't specify net or gross and their is A BIG, VERY BIG difference) was $2.50 then they would have made 90 mil * $4.00 = $360 mil. they made $50 mil. in fact they made net profit of about $0.33 per chip when their asp was $6.50. 90 mil * $0.33 = $30 mil = about $0.16 per share. the other $0.17 or so came from muei. now, according to you, just three months later, they are making $2.00 per chip with an asp of $4.50 - down 30% from $6.50. let's recap. according to dave, in 3 months pricing is down 30% and income is up 650%. dave, you are incorrigable. ;-) >>Imagine if $2.50 is correct<< i can't. i haven't smoked stuff that good in over a decade ;-)

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