Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 201.37

-10.9%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robert w fain who wrote (41663)	12/23/1998 11:00:00 PM
From: VLAD	Read Replies (1) of 53903

<<What is the problem?>> If you don't see the problem and if others here have not pointed it out well enough for you I guess I will try to briefly explain it to you. How do you justify paying over $50.00 for a company that has lost $1.47/share over the past 12 months? MU is a commodity company and there is no way that in the present DRAM environment MU should be trading at above $25.00/share let alone $50.00/share. When MU is able to string together 3 consecutive quarters of profits above .25/quarter I could then possibly justify today's pricing of this sardine. And let's not compare the price of MU to that of an internut company. Finally, I don't care if MU is the "Worlds best DRAM manufacturer"--whatever that means. Zenith made a pretty darn good TV and look what happened. A commodity is a commodity no matter who makes it and the Asians will always dominate a commodity that can be mass produced with cheaper labor.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next