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To: John Graybill who wrote (29860)3/10/1998 12:38:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
John,

You will have to excuse my good friend Earlie when he says

"Way back when, both Skeeter and I crossed swords
with David G over MU's possible earnings this quarter.
Both of us argued that a bit of simple math suggested
that the company would drop a big bundle this Q"


We were not sparring over what the earnings might be, but rather the method for calculating the earnings. You have to understand Poor Earlie is still pre-occupied with his January contest with the "Forever Bears" and scratching his head trying to figure out why the winner has such a large loss ...and... how does he present it to the Thread.<ggg>

...anyway...

Ok you can put me down for -$.55 for MU in their 2Q98. This assumes a breakeven for MUEI(which I suspect could be -$.05 to -.10 but could not substantiate). Also this does not take into account any "one time gains or extraordinary one time charges"

Good Luck Trading

DavidG

PS: A prediction... if MU does better than -.55 than MU will probably move back up and re-test 39 before next earnings.:-)