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Technology Stocks : Micron Only Forum

MU 236.48

+2.7%

Nov 28 9:30 AM EST

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To: DJBEINO who wrote (27476)	1/30/1998 10:06:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

if mu's asp is $3.05 then they lose nearly $0.50 this q. fy2000 eps is estimated at $1.65 (and they've neve even been close yet - always way too high!) means we have a stock at a 22 pe to eps 2 years out in a commodity business. people are now greedy. they are scared to miss out on another run-up like mu had several years ago. when greed wins over reason, bad things, very bad things sometimes, happen more often than not. btw, what body cavity did they pull $75 out of for $1.65 in fy2000 earnings?

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