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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Skeeter Bug who wrote (5824)7/11/1998 7:19:00 AM
From: Justa Werkenstiff  Read Replies (1) of 42834
 
Skeeter: Re: " bob is ABSOLUTELY WRONG on the chippies. micron is losing cash at close to $1 billion a year. check their balance sheet. they don't have all that much cash. at some point, survival outweighs everything else."

Re: "mu at $30 is a joke. current stock prices assume the money printing mania by alan greenspam continues. one this is for sure, it can't. when the plug is pulled, i don't know. i've heard the term inflation on the radio. rates will probably rise. 5% eps growth will one day not support 30+ pe ratios."

What's the matter? Has Micron gone against you or something? Brinker has no position on MU and has never recommended its purchase. But I am glad you disagree with something Brinker has not issued an opinion on. He may well agree with you on MU if you gave him the chance. Good grief.
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