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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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To: Sam who wrote (61027)8/10/2013 12:33:10 PM
From: Donald Wennerstrom  Read Replies (1) of 95574
 
Sam, I think you are right about the estimates for MU, they will rise some more before the numbers settle down to new values.

MU's FY ends at the end of August. That is 3 weeks away with 30 August being a Friday. At that point the Nxt Yr number(now 1.76) will "rollover" to the Cur Yr estimate and a new Nxt Yr number will be established. At the end of this next 3 week period, along with MU reporting 4th quarter and closing FY numbers to be reported sometime in September, new numbers will finally settle down, and I certainly expect higher values in the next several weeks.

Don
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