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Technology Stocks : Micron Only Forum

MU 246.84

+4.2%

Nov 14 9:30 AM EST

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To: Sridhar Srinivasan who wrote (26386)	1/11/1998 4:02:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

sridhar, stop assuming ;-) "big boys" referred to deep pockets, not market share. is mu even in the top half of all dram producers as far as deep poskets? as far as a broken clock being right 2 times a day ;-), hey, what can i say. the analysts say mu makes $0.46 and i say they make closer to $0.30. i was right. the next q they said $0.37 and i said closer to a dime. i was right again - although they did read my posts and lower their estimates in time. i've been dead on fundamentally. as for guessing mu's stock price, i've been pitiful much more than i've been good. as an anecdote, i turned bearish on mu when it was $31 or so in late 96. is it above $31? ;-) happy trading (you'll need it unless nobody cares about earnings for a year ;-) and get used to losses for the next year - at the very least.

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