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Technology Stocks : Micron Only Forum
MU 225.89-1.1%3:59 PM EST

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To: Robert who wrote (45681)5/10/1999 11:47:00 AM
From: Skeeter Bug  Read Replies (1) of 53903
 
robert, think inflection point in eps. one can pump a loss of 20 cents when the prior q was was a loss of 50 cents - just think about the future! things are getting so much better! yee haw.

mu made 12 cents this past q. this q is breakeven at best. that is hard to pump. gee, we might lose 30 cents next q, let's pay $50 for this great deal. after all, you pay more for less losses with amzn. what a deal, more losses for less money! -ng-

now, mu is sleazy. this q is horrible. the numbnuts who invest in this company don't know it. yet. they know it won't be a blow out, hence they no longer want to pay $75+ for this dawg.

the only question is =- when does mu management tell the numbnuts that the q sucks so they can begin selling. there is a 50% chance that occurs this week and massive selling follow. there is a 50% chance they say nothing.

june 35s would be a a good gamble with a 50% chance of wing several hundred % and a 50% chance of losing 100%. if mu is still higher than $35 in june then it won't be much longer.

this industry is a wreck. 12 cents in quarterly eps shot this bow wow to $80. unreal.
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