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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: Scooter who wrote (29628)	3/7/1998 12:46:00 AM
From: AHale	Read Replies (3) of 53903

Scooter: MU will bleed next week and then gush blood the following week when earnings are announced. Without the $150 million one-time gain, MU, I predict, will have a loss of almost .50 a share. Will the company be able to offer any good news going forward? No. The outlook will remain bleak for the rest of this year. Dram prices will remain soft and supply will continue to outstrip demand. MU will have no assets left to sell to fund its capital needs. The Lehigh plant will be a write off. In 1999, MU will be on life support. The silly games will soon be coming to an end. Patience will be lavishly rewarded. Greed will be severly punished. You heard it here.

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