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Politics : Ask Michael Burke
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To: Earlie who wrote (25364)1/13/1998 4:02:00 PM
From: tom r. phillips  Read Replies (2) of 132070
 
Earlie -- thanks for your informative posts. re. MU, i see that the quote.yahoo.com research (avail. through SI) reports a concensus Aug. '98 eps estimate of .17, which translates into a forward-looking P/E of 186. (current price 31.625.) is it this sort of valuation that is the basis of your negative outlook? (or do you think that even the concensus estimate is out of whack given the current economic turmoil?)

thanks, tom phillips
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