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Technology Stocks : Micron Only Forum

MU 226.65

-3.2%

Dec 4 3:59 PM EST

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To: Skeeter Bug who wrote (24802)	12/5/1997 8:42:00 PM
From: Jim Stanfield	Read Replies (1) of 53903

Skeeter, a FORWARD P/E of 20 is far too rich for the likes of a company that posts negative earnings growth with such poor prospects of improvement. A P/E of 10 is more like it (10 * $.40 = $4.00). I'll bet i'm preaching to the choir. Jim

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