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Technology Stocks : Micron Only Forum
MU 230.24+2.5%Nov 26 3:59 PM EST

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To: william j cap who wrote (30246)3/16/1998 1:43:00 PM
From: The Vinman  Read Replies (1) of 53903
 
It doesn't take a profit to predict MU won't make the .17 loss for the quarter, the question is by how much? IMO MU will not only miss the quarter, but will miss badly, I safely believe AT LEAST -.25 if not worse. However, just because they will miss doesn't mean the stock will move down tomorrow. The CEO will again complain about dumping(he's been setting up the street for that play for a while now), and I wouldn't be surprised to see an analysts or two upgrade using the same lame prediction that DRAM prices have bottomed, less supply in second half of year...blah..blah....blah.....

staying short anyway....

Good Investing

Vinman
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