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Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST

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To: TREND1 who wrote (34954)6/15/1998 10:19:00 AM
From: DavidG  Read Replies (1) of 53903
 
Larry,

I know the whisper numbers for Micron are close to a $1 a share but I have not been able to calculate that high a number.

Excluding any charges and assume MUEI comes in with $.04 I see MU with a loss of $.59. My assumptions were 90%SDRAM and 10%EDO for 16mb chips. Also I assumed 50% 16mb and 50% 64mb chips. If I am right then Micron will still have $810 million in free cash and liquid investments. A significant amount compared to the "little cash left" that some unnamed bear on this thread has insisted on.<vbg>

If they do better that this $.59 than we may see a pop from here.

Flat right now waiting for MUEI after bell.

Good Luck Trading

DavidG
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