Hallo, Ralf: Even during the worst days of MU I always thought that there are more chances that it will recover. Though P/E alone is not everything, it is SOMETHING! MU falled because of DRAM price, and, moreover, because investors' pessimism. This extremely volatile stock is very good for speculation. For long term, it is prudent to buy at relatively low and watch the market closely. The 3.5 jump last Friday was, in my view, a signal that the trend now is upward. If you can tolerate a little risk, I think it is worth considering buying MU now (remember that: more risk sometimes means potentially higher reward, and this is a calculated risk!).
There are more chances that MU will go up Monday, then drop. For the whole next week I think still more probability that it will go up. (I paid attention to the sizes of the moves every day, if the size is big, like 3.5 points, my gut feeling then tells many people are buying).
I have found one company that produces NC: it is VICP (Visual Information Service Corp.). But it is too small and therefore looks not convincing, at least now. BTW, it has partnership with a German Company Amiga. Since you are in Gernmany, can you give me your comments about Amiga? Thanks. |