Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (47391)	7/29/1999 4:05:00 PM
From: Jeff Leader	Read Replies (1) \| Respond to of 53903

Perhaps John Lazlo should take up science fiction writing. -- Lazlo developed preliminary earnings per share projection of $1.97 for 2001, assuming 64Mb memory chip prices remain in the $5 to $6 range. So maybe the earth enters a time warp and we exit 2 years later? Or maybe everyone working on sub .2 micron process technology and 256Mb DRAMs is wiped out by a strange new virus? But he should really avoid anything requiring arithmetic skills: -- In effect, Lazlo says every $1 increase in DRAM prices over the next 12 months could loosely translate into another $1 in per share earnings. -- For 2001, he assumes prices will hit $5.50, but if prices hit $7, Micron could post EPS of more than $5. 1.97 + (7-5.50)*1 = $3.47 != $5+

To: Skeeter Bug who wrote (47391)	7/29/1999 4:35:00 PM
From: Land_Lubber	Read Replies (2) \| Respond to of 53903

bought my last round of mu puts. oct 47.50s Picked-up some August 55s myself, at 1 9/16. What a crazy paint job at the close. Where do these goofy trades come from anyway? 500 shares @$60 at 16:07 when the price for the only two trades in the previous five minutes (same exchange) was 59 5/8. ??? Land_Lubber