To: TREND1 who wrote (29731 ) 3/8/1998 3:07:00 PM From: Patrick Koehler Read Replies (2) | Respond to of 53903
All - more research on MU earnings and how much the stock moves after earnings report. The first set of numbers are actual numbers for earnings, the close on the day of earnings report, The open, high and low on the day following the report, and the high and low in the following 5 days of the report. Day Day Day Wk Wk Qtr EPS Close Open Hi Lo High Low 94D 0.86 21.25 21.00 21.63 20.25 21.82 19.94 95M 1.02 34.75 34.10 35.19 34.10 38.63 34.10 95J 1.30 49.50 49.88 50.38 49.38 59.25 49.38 95S 1.43 85.63 85.38 89.00 85.25 89.00 72.88 95D 1.51 50.00 47.75 40.56 44.63 48.56 41.25 96M 0.87 29.13 32.63 33.00 30.00 35.50 30.00 96J 0.27 30.25 30.13 30.75 29.50 30.75 27.38 96S 0.09 27.38 27.63 28.38 27.00 34.75 26.63 96D 0.10 34.75 32.75 34.13 31.88 34.13 30.13 97M 0.66 44.13 42.38 43.50 39.13 43.50 36.25 97J 0.44 42.50 41.75 42.25 40.75 42.25 39.50 97S 0.33 40.50 36.50 37.38 35.94 37.38 34.00 97D 0.04 22.50 22.00 24.00 22.00 27.50 22.00 To make life and numbers a little more simple, the following prices are all pro-rated to a closing price of 35 on the date of earnings report. This will give a little better picture of the amount of stock movement potential. As shown with *, of the 13 reports, 8 times MU moved more than 5 points, either up or down. Day Day Day Wk Wk Close Open Hi Lo High Low 94D 35.00 34.59 35.63 33.35 35.94 32.84 95M 35.00 34.35 35.44 34.35 38.91 34.35 95J 35.00 35.27 35.62 34.92 41.89* 34.92 95S 35.00 34.90 36.38 34.84 36.38 29.79* 95D 35.00 33.43 28.39 31.24 33.99 28.88* 96M 35.00 39.21 39.65 36.05 42.65* 36.05 96J 35.00 34.86 35.58 34.13 35.58 31.68 96S 35.00 35.32 36.28 34.51 44.42* 34.04 96D 35.00 32.99 34.38 32.11 34.38 30.35 97M 35.00 33.61 34.50 31.03 34.50 28.75* 97J 35.00 34.38 34.79 33.56 34.79 32.53 97S 35.00 31.54 32.30 31.06 32.30 29.38* 97D 35.00 34.22 37.33 34.22 42.78* 34.22 So, ladies and gentlemen, place your bets. Will MU be going up or down on Tues week? Will it go down as it SHOULD have in Dec, or up, as it DID? Long, short, calls, puts, straddle (moved 2+ on 13 of 13 times)? Whatever I do, I'm not telling until after my bets made. You have 6 trading days to make your decision. Patrick