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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: ratan lal who wrote (25723)12/18/1997 8:18:00 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 53903
 
ratan, mu showed $130 mil for depreciation this q instead of the $160 mil they will avg for the next 3 qs. timely purchases prevented them from reporting a $0.04 loss.

when they go to $160 mil, per their cc, it will cost them $0.08 a share. muei will turn negative next q as will mu. they have to carry inventory at cost not market value b/c their are dumb people that care about accounting and not reality ;-)

what a dog. bow wow. hope to see $22 before expiration on friday.



To: ratan lal who wrote (25723)12/18/1997 8:56:00 AM
From: Harold S.  Read Replies (2) | Respond to of 53903
 
If you think MUEI is being sold, who do you think is the most likely buyer and what do you feel the most likely price for MUEI will be?? I know it is conjecture but since you feel they are being bought i ams eeking your opinion. I also think people will still pay for MUEI even if they were to lose money next quarter, simply because the company has too much longer term going for them.



To: ratan lal who wrote (25723)12/18/1997 9:16:00 AM
From: Todd Thomas Davis  Read Replies (2) | Respond to of 53903
 
Goldman placed Micron on their "Priority List" with a twelve month target of $32, hit the wire at 8:30 AM - maybe somebody knew about 18 hours early...