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Technology Stocks : Micron Only Forum
MU 239.40-0.4%Dec 2 3:59 PM EST
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To: Grim Reaper who wrote (6135)12/15/1996 12:06:00 AM
From: Bipin Prasad   of 53903
 
>> The comments by MU after the earnings are reported are more
>> important than the earnings itself....Take a guess and tell me
>> whether MU mgmt thinks the glass is half full or half empty....

Comments made by MU is important insofar as they reflect what
they are going to do. After the comments are made, they have to
live up to it.

Failing to live up to it, only devalues their comments. Pretty soon
they are hollow words of bravado and imagery conjured up by the
likes of Don Quixote. Saber rattling and promises of innovation
are important if they are backed by the track record.

Those comments (and other actions) kept me fooled for three
quarters. You are probably not aware that I was bullish on this
stock till recently.

If their comments are drawn from the same ilk as their previous, then
they will only draw a cynical yawn from a lot of people. Micron has
propounded one too many promise and dream.

This time around, people will look at the numbers and the numbers
only. They will look at the actual sales (not promised sales). They
will evaluate the actual market share. And they will evaluate the
actual possibilities.

Why are you hoping your dreams of a stock price escalation based
on only their comments ? I welcome you to counter my arguments
based on facts and figures.
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