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Technology Stocks : Micron Only Forum

MU 345.82

+0.2%

Jan 12 3:59 PM EST

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To: ratan lal who wrote (24659)	12/2/1997 11:13:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

>>Whats wrong with this logic??<< ratan, i was talking about estimates. companies with imploding earnings shouldn't trade at a 25 pe. more like 10. companies that grow at 25% a year and not collapse at 50% a year deserve a higher pe. mu is fair valued at $10. btw, i said estimates would be less than $1.00. i didn't say reality would be that high ;-) they analists haven't even been close once so why believe them now. also interesting that tk says ALL SEMIS UP 20% just a few months ago. now he's DOWNGRADING THEM. HA HA HA. tk's attitude (?) - THE JOKE IS ON THE SUCKERS ;-)

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