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Technology Stocks : Semi Equipment Analysis

SOXX 296.74

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Nov 28 4:00 PM EST

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To: Donald Wennerstrom who wrote (78961)	2/11/2018 5:52:25 PM
From: Donald Wennerstrom	7 Recommendations Read Replies (1) of 95487

This is an update of the earnings profile for Micron before and after the announcement by Micron of new estimates made on 5 Feb. The analysts saw fit to increase 2018 estimate by 28 cents to 10.03, and the 2019 estimate by 21 cents to 8.71. They did not change the downward earnings profile going forward. As a matter of fact, it is now slightly worse, on 5 Feb the 18/19 slope was (-12.8%) and now the 18/19 slope is (-13.2%).

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