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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: Dixie who wrote (30693)	3/18/1998 2:31:00 PM
From: Jim Patterson	Read Replies (4) of 53903

Hey, I'm short the stock. But it does not go down any more. I think it is getting to be like KO. If you trade it on the fundamentals, You will look stupid. In otherwords, just buy it, you will make money because stocks only go up. Do any of the other shorts out there feel as frustrated as I do on this one. How many companies trade @ 30 times 1999 EPS when 1998 eps are going to be -0.75 That means for 2 years the stock is trading @ 128 times 2 year eps. I guess as long as they have no earnings, it can be valued like an internet CO. Jim

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