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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (4934)3/1/1998 2:12:00 AM
From: Skeeter Bug  Respond to of 10921
 
david, my only beef is with his mu pimp-a-thon. he said mu would earn around $0.70 cents in their q ending september. he said they were position very well for 1998 in august. he said all semis should double - mu one of them.

that chumpie ran mu up to $60. after his downgrade - which only came after another analysts finally grew some manhood and downgraded mu in the mid $50s - the stock opened in the $40s. this only came after mu management set these poor chumps down and explained to them the q was crappy. god forbid they think critically on their own...

mu earned a penny less than i said they would earn while tk was pimping and re-iterating his $0.70+- estimate (which was a joke). funny thing was, i work for a living and knew that asps in dram were down from $8.25 to and asp of about $6.25 (i was off by a quarter as asps came in at $6.50). hurlcrap was 100% too high in august.

now, either tk is a pimp and railroaded everyone or else he's a nitwit. my vote is not for nitwit.

did he make good calls? yes. why? he created the d*mn calls himself. he pimps a stock and then pulls the rug out. that is a stock pimp, imho. mu didn't go up on fundamentals. it went up on his bullsh*t. he also made bad calls. like telling everyone who bought in the $50s that semis were going higher. by the time he said sell, every one of them was at a loss on those transactions.

to see how lame his butt is check out mu's performance now that tom hurlcrap is bearish and isn't telling the hordes of masses what they want to hear. he whines and moans mu s/b $20. so it runs from $22 to $38. the funny thing is tat he's cried wolf so many times that nobody believes him - even when he is right (and he is right on mu - though most saw it coming months in advance of that dolt).

anyway, i hope someone listens to his sorry butt now as i own puts on mu.

we can agree to disagree on hurlcrap. he is the slime of the earth to me. my money would be bet on the fact that he knew asps were down about 25% and still pimped mu - full well knowing that mu's eps would fall 50% short of his "pimpimate" of 70 cents or so. the only other option is that a guy off the street like me knows hurlcrap's business better than he does (think about it).

he probably just wanted someone to step up and fleece. unfortunately, barnum was right - and the line was long...

what a guy...