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To: Skeeter Bug who wrote (24654)12/2/1997 8:57:00 PM
From: TREND1  Read Replies (4) | Respond to of 53903
 
Skeeter
Now you know I do not bet (g)
If MU > 29 1/4 during December 1997, I'll turn bullish.
But until then.....I am a "BEAR"
Again...earnings are meaningless to a trend follower.
Larry Dudash



To: Skeeter Bug who wrote (24654)12/2/1997 9:24:00 PM
From: ratan lal  Read Replies (1) | Respond to of 53903
 
Skeets

<< wanna bet that $1.32 for this year is under $1.00 >>

At an average PE of 25, MU would be 33 for e=1.32 and 25 for e=1.

It would seem that Mu is fairly valued or under valued. That would make it a buy at this price. Whats wrong with this logic??

ratan


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