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Technology Stocks : Micron Only Forum

MU 246.95

+4.1%

3:59 PM EST

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To: johnlea who wrote (36474)	7/24/1998 2:22:00 PM
From: Dr. Evil	Read Replies (2) of 53903

<<and now, there are VERY few who believe that profits will not rebound anywhere close to those. if people (money managers) did believe this, then mu would be trading at least in the teens.>> Mr. johnlea, If your assumption were true, MU would be at trading at much higher levels. MU is a much larger company today than it was three years ago in terms of capacity. If the majority of MM's believed that a return to the %200+ per part profit margins of mid '95 was imminent, the difference in the stock price would be measured in the hundreds of dollars to the upside. This, clearly, is not the consensus. Mr. Bigglesworth meows impatiently. I must direct one of my evil minions to serve his cat chow immediately! Dr. Evil

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