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

To: Skeeter Bug who wrote (29634)	3/7/1998 11:55:00 AM
From: TREND1	Read Replies (2) \| Respond to of 53903

Skeeter I must admit I am getting chicken to go long MU, even short term. CPQ is at 25-27 MU is at 35 May wake up some morning to find MU at 25 ! Larry Dudash

To: Skeeter Bug who wrote (29634)	3/7/1998 2:37:00 PM
From: Patrick Koehler	Read Replies (1) \| Respond to of 53903

Skeeter, thought that I would tease you with some facts from the past. The following are some past quarterly earnings and the trading range for MU that year: 09-91 0.01 12-91 0.01 MU traded in 1991 (split adjusted)between $1.90 & 3.83 03-92 0.01 06-92 .015 09-92 .015 12-92 .023 MU traded in 1992 (split adjusted) between $2.58 & 4.45 03-93 .145 06-93 0.31 09-93 .325 12-93 .42 MU traded in 1993 (split adjusted) between $3.85 & 12.73 Increasing earnings at a good rate, but low PE's. A couple of years ago, a PE of 8 was common for MU. One can guess what your wishing, but it won't happen. Sorry! Who every said MU trades logically? Why is MU at 35? Patrick