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: TREND1 who wrote (24744)	12/5/1997 9:05:00 PM
From: DavidG	Respond to of 53903

Larry, << a FORWARD P/E of 20 is far too rich for the likes of a company that posts negative earnings growth with such poor prospects of improvement. A P/E of 10 is more like it (10 * $.40 = $4.00). I'll bet i'm preaching to the choir. >> Now look what you have done. You have created a new species of Ultra-bears. They are beginning to believe MU should actually be trading at $4 a share and coming up with a P/e and eps to justify it.<g> They are even preaching it now...IMO you should Tell them the truth now, that it was only a joke, before they lose all their money.:-) Good Luck Trading DavidG PS: A fool and his money are soon parted.:-)