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Technology Stocks : Micron Only Forum
MU 236.56-1.6%11:03 AM EST

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To: Sridhar Srinivasan who wrote (26592)1/15/1998 11:08:00 PM
From: Skeeter Bug  Read Replies (2) of 53903
 
sridhar, the past is often a very good (never perfrect) indicator of the future. for example, mu was supposed to earn $0.45+ in q4 and $3.00 plus in 1998. when they earned $0.33 instead of the expected $0.45+ then all the 1998 estimates were reduced by a lot.

the past is only as valuable as it indicates the future. to say that it has no or only minimal bearing is often not the case.

good luck.
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