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To: DavidG who wrote (23282)10/30/1997 9:37:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
>>If you are right then the teens this week if I am right not much lower then 25.<<

don't go making bets with me when you haven't asked me ;-)

mu shouldn't see the teens this week. however, mu is losing any steam that it could have otherwise mustered. it is a much different animal now.

more bad news to come. the analists finally figured out who to listen to on this thread ;-)

boy, do i hope we see $29 before mu leaks the bad eps news to the mathematically challenged.

david, use achilles to judge the overall trend. i used achilles last q and missed by less than 5%. my guess so far this q is $4.75 dram.

axhilles was $5.60 or so at the end of last q. now it is $4.10.

that's a 30% drop. a 30% drop in $6.50 is sub $5.00.

good luck. exact numbers don't matter. just the meaningful trend.

mu could see $10 this year. the big boys will want to hedge their risk by buying really low this cycle. not the dram cycle. the pimp-o-matic cycle ;-)



To: DavidG who wrote (23282)10/30/1997 9:44:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
where did mu open? anyone?