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Technology Stocks : Semi Equipment Analysis
SOXX 299.48-4.8%Dec 12 4:00 PM EST
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To: Return to Sender who wrote (83528)6/25/2019 8:38:14 AM
From: Sam1 Recommendation

Recommended By
Return to Sender

   of 95574
 
The latest First Call estimates for Micron are $6.14 and $3.59 for FY2019 and 2020, respectively. This quarter and next are 0.79 and 0.61. All of those estimates are undoubtedly higher than their real expectations though, as inevitably a number of official public estimates just don't get changed over the quarter. Citi is almost certainly right in saying that their quarter and especially their guidance will be "fugly" due to the diceyness of the international situation and how it has affected the tech sector in particular.
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