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Technology Stocks : Micron Only Forum

MU 236.50

+2.7%

12:59 PM EST

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To: TREND1 who wrote (74)	5/23/1996 2:16:00 PM
From: William L. Vu	of 53903

It's funny to see people suggesting MU price at 8$ by multiplying 10 with 97EPS of $.80. A stock price is a combination of many factors: including future outlook and equity per share. Anyone who disagrees should look at IOMEGA which has PE ratio of 300+. Also, I chalenge people to find company which trade @ price lower than its equity per share. Corporate raider will buy those faster than you can say OOPS!! Now that's said, what is the minimum value that MU can have ??? Not $8 per share (in my life time) unless they start to loose money big time. Happy trading.

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