dg- to say the least, I am so disappointed that the street is now looking
for only 9 cents for MU. That really increases the odds of the report
actually "beating the street", thus, looking good.
Bet you five bucks that CNBC wouldn't make a quote like "9 cents,
down from 33 cents last quarter", but will say "nine cents, up from
7 cents a year ago, or 22% increase."
I hope that MU will truefully mention expected losses in
coming quarters. Again, Dan Niles mentioned 6 cents for this
report, and 10 cent loss for MU 2nd qtr ending Feb28. Kudos to
him for the early call. Same for Laslo (sp?) with Paine Webber(?)
calling for 4 cents.
Decisions, decisions. Buy more puts now in case it gaps down
in the morning, or play it conservative and wait until tomorrow
in case the earnings are higher than expected. I assume that you
are doing the latter.
Whoa! MU now back up to 22 5/8. I guess moving up with the
the tech stocks and the market.
Patrick
PS. You mention Soundview. Aren't they the ones that in 95 called
for $10 earnings in 96 and $17 in 97? |
