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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Thomas G. Busillo who wrote (46470)	6/20/1999 9:07:00 PM
From: paul lin	Read Replies (1) \| Respond to of 53903

Tom, Thanks for your time on this subject. I found most of the decent companies warn investors. If they treat institutions preferentially, then I won't touch the stock. Not long ago, CPQ's CFO leaked information to the big boys about the earning shortfall, I had a very bad feeling about what used to be a credible company, the rest you know. However, on the other hand, if the company treats the big boys preferentially, the big boys may return the favour trying to pump the stock, since they are resting assured they can get out first. Maybe that's the case here. PL

To: Thomas G. Busillo who wrote (46470)	6/20/1999 9:28:00 PM
From: phbolton	Respond to of 53903

Tom: Does a mention of inventory buildup count as a warning? <g> Its only about 6+ weeks worth. (repost) should now change that 25 to 40% range to 40 to 70% email from K. Bedard: >-----Original Message----- >During the past two months the ASPs, average selling prices, of DRAM >products have apparently dropped by more than 25% and the drop may be as >much at 40+% for some components. This seems to indicate that Micron's >revenues from DRAM sales this quarter will be lower than the previous >quarter even allowing for robust bit growth. Given this change in the >pricing environment are you comfortable with the average estimates of >about $0.17 for earnings this quarter and $0.30 for next quarter? >Thanks Reply: >I can't argue with your logic. We don't comment on earnings. Although I can >tell you that the analysts are going through the same process. > >Kipp Response: >Kipp >Thanks for the prompt reply.