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

To: Sridhar Srinivasan who wrote (26592)1/15/1998 2:03:00 PM
From: LTK007  Read Replies (2) | Respond to of 53903
 
I have been running around from thread to thread trying to find a
stock that would be a 1st-rate investment for a longplay and I am
quite surprised to see I am considering Micron,but noted it was on
a run-up and found out about the hiring of Kocher--can this guy
do it????Can he turn Micron around,his Dell background says yes--is
not the reason Micron has been heading for some time due south that
it has been slaughtered by bad marketing,could a complete
revamping make this a major turnaround or is this just vacuous thought
on my part??max90



To: Sridhar Srinivasan who wrote (26592)1/15/1998 11:08:00 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 53903
 
sridhar, the past is often a very good (never perfrect) indicator of the future. for example, mu was supposed to earn $0.45+ in q4 and $3.00 plus in 1998. when they earned $0.33 instead of the expected $0.45+ then all the 1998 estimates were reduced by a lot.

the past is only as valuable as it indicates the future. to say that it has no or only minimal bearing is often not the case.

good luck.


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