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: Richard Russell who wrote (27194)	1/27/1998 12:27:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

rr, i haven't been tracking dram too closely as i refuse to underestimate the sheer stupidity of the investing public again. however, the math is simple. reduce mu's net cost about 10% to $4.20+- a little. then plug in the q's asp - which i can't guess right now. then multiply by 110 million chips to get a net loss. if asps are around $3.20, then mu loses $0.50 a share. inventories may continue to build so they may be holding back and not shipping hoping for better pricing. who knows. but that is probably a rough guess. remember, mu said to expect another $30 mil per q for deprctn and amortzn going forward. that is $0.15 a share added to losses. i think mu loses more than $0.30 per share as a swag - and i bet i'm closer than the analists.