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Technology Stocks : Micron Only Forum
MU 232.59-2.1%3:59 PM EST
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To: TREND1 who wrote (34885)6/14/1998 1:57:00 AM
From: TREND1  Read Replies (1) of 53903
 
IMPORTANT...I THINK(g).
(1)On my web site is chart showing monthly
plot of MU(upper left) vs EST 1999 EPS (lower right).
(2) Note points A and B show rise in MU price during
Jan & Feb 1998.(upper left)..Also note rise in EST 1999 EPS during
Jan & Feb 1998.(lower right).May 1998 and Year 1998 was falling.
(3) I propose that MU rise was due to rise in 1999 estimates.
...................NEXT .....................
(4) Note point C on MU chart. Failure to make new monthly
higher high (MHH) during May 1998....Also note point C
on EST 1999 EPS was dropping during May 1998.
(5) I propose that MU failed to make new MHH during May 1998
do to dropping estimated 1999 EPS during May.
..........................................
(6) Maybe MU moves on estimated 1999 earnings ????
(7) Comments ?

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