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Technology Stocks : Micron Only Forum
MU 258.24-2.1%12:59 PM EST
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To: mike iles who wrote (34972)6/15/1998 3:28:00 PM
From: DavidG  Read Replies (2) of 53903
 
Mike,

Wow I am really getting nervous now. That is exactly what I was thinking when I first heard the delay. It may be just what MU needs for that 4-7 point gap up.<g>

Imagine if they only come in with a $.50 to $.75 loss instead of a dollar. Short covering will cause a stampede... with the bears trampling all over themselves.

...btw I also assumed no change in SGA and RD and if I include a $35 million loss for inventory I come pretty close to Lehmans number. I get $.76 loss with the charge as oppose to $.59 loss without it.

DavidG
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