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: DavidG who wrote (25617)	12/17/1997 11:11:00 AM
From: TREND1	Respond to of 53903

DavidG Are you trying to "egg on" Skeeter ? By the way , when are you going to answer my email on Fidelity ? Larry Dudash

To: DavidG who wrote (25617)	12/17/1997 7:02:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 53903

>>I think the high PE is saying thay the market believes it will do much better in the near future.<< what did mu investors say at $60? where they right? they're wrong again, dave. on all long term projections i've been right on. mu down 60% from recent highs. mu eps in the toilet. analists were 200% higher than my projections and i said they were wrong and to watch in wonder when i was right - AGAIN. of course, they then read my posts and lowered their estimates ;-) watch in amazement agin. 1998 was set in stone several years ago. once you start a haircut, dave, you DO NOT STOP. good luck trading.

To: DavidG who wrote (25617)	12/18/1997 3:22:00 AM
From: Trey McAtee	Read Replies (1) \| Respond to of 53903

david-- ok, so what is your sell point with present price as the buy? i am assuming that is what you are talking about. listen, what the market says today will be different tomorrow. right now the stock is existing in a vacuum. just wait a second and watch it resume its descent. why bother daytrading when you already know where it is heading over the long haul. right now wall st. thinks that the koreans will give MU no trouble. what a joke. the next number they release will be negative and that little minus does a lot to peoples psychology. the teens are on the way. i still cant believe i missed by so much. i thought for sure they would do a better job that that. good luck to all, trey

To: DavidG who wrote (25617)	12/18/1997 4:05:00 AM
From: Skeeter Bug	Respond to of 53903

>>They showed you that they are a good company that is able to reduce costs, make quality products and increase market share while in a very lousy sector.<< i don't buy stocks for those things. i buy earnings. what has been mu's earnings growth over the last 2 years? where is the $4.50 this year? where is the $3.00? where is the $2.00? where is the $1.00? where is the profit? why borrow $500 mil when things are going so well. mu can make money when koreans hold back inventory - they proved that. otherwise, they haven't proved anything. why do prices keep plunging? b/c everyone else is reducing costs just like mu. mu is not the low cost producer. korea has fab equipment to keep going very strong for several years. they are already ahead of mu and have much, much more cash than mu. mu is nowhere close in 64 mb technology. this company was a joke at $60 and you argued. this company was a joke at $50 and you argued. this company was a joke at $40 and you argued. this company was a joke at $30 and you argued. it is a joke at $25 and you still argue. you are amazing. amazingly wrong ;-) short term anything can happen. long term you are wrong. wrong. wrong. wrong. just like at $60, #50, $40, and $30. i'll be adding $20 within a few months. then maybe even $10. see ya then. hey, were the analysts more than 200% high when i said they were. yessssss. againnnnnnn. good luck trading. should bought that nfliw at $2 and that nfli at $5.00. looking much better now :-)