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To: jzjns who wrote (125579)9/25/2001 5:40:25 PM
From: patron_anejo_por_favor  Read Replies (3) | Respond to of 436258
 
Ugly, man, ugly!<G>

Hope Luc didn't sell his POS poots!<NG>

Here's my favorite line from the release:

5:10pm 09/25/01 [MU] MICRON TECHNOLOGY Q4 REVENUE $480 MLN VS $2.3 BLN

Amazing thing is, annualizing this quarter's revenue and at today's price, they're STILL TRADING AT OVER 6X P/S!!!!!



To: jzjns who wrote (125579)9/25/2001 5:46:25 PM
From: benwood  Respond to of 436258
 
MU's profit last year was 51% greater than sales this year. Sales down 79% compared to last year. That is one big disaster...

Micron Technology reported a fiscal fourth-quarter net loss of $576 million, or 96 cents a share, on revenue of $480 million. During the same quarter last year, net income was $726.7 million, or $1.20 a share, on revenue of $2.3 billion.



To: jzjns who wrote (125579)9/25/2001 6:41:19 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 436258
 
Ridiculously valued stock. Semiconductor companies are the new millenium's version of steel companies - and we all know where that is.