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Technology Stocks : Micron Only Forum
MU 236.48+2.7%Nov 28 9:30 AM EST
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To: TREND1 who wrote (40405)10/27/1998 12:09:00 PM
From: Carl Held  Read Replies (2) of 53903
 
In the YEAR earnings report:
Net increase (decrease) in cash & equivalents:
Sept 3, 1998 (60.9)
Aug 28, 1997 343.4
As you can see, cash flow is negative....

For the Qtr (Nov 98)earning estimates, EPS growth estimate is: -917.50%

So the question remains: How can the current price of MU be at this level? Its worth about $20.......
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