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Technology Stocks : Micron Only Forum
MU 234.19-2.2%Dec 3 3:59 PM EST

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To: TREND1 who wrote (2506)9/19/1996 12:28:00 PM
From: steven qi   of 53903
 
Larry, Per ValueLine's data sheet, in last downturn, MU's earning per share declined from its high of $0.65 in 1988 to $0.57 in 1989 and then stayed at $0.02-0.03/sh for three more years (1990-92) before things got better. Given that the manufacturing cost is going down everyday, do you think this time the earning will pick up much faster?

Steven
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