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Technology Stocks : Micron Only Forum
MU 362.75+7.8%Jan 16 9:30 AM EST

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To: TREND1 who wrote (33266)5/13/1998 10:10:00 AM
From: ratan lal  Read Replies (2) of 53903
 
Larry

Forever bears can only "look" at past earnings and a few
quarters ahead at most !


I have to disagree with you. Unless MU is a unique animal. everyone looks only at the next earnings report ONLY to decide what the stock price should be now.

Even tho it is a cyclical business, the cycle for each quarter is established and earnings are relative to the same quarter year earlier or more correctly relative to MM projections.

ratan
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