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

To: jtechkid who wrote (30327)3/16/1998 6:13:00 PM
From: Jim Patterson  Respond to of 53903
 
RE: i have the loss at around 90cents . is that right

Opperating wise, I get 88-89 cents.
If you take out all of the asset sales MU has made over the past 4 quarters, you start to end up with a pretty nasty picture.

Stock will probably go up Tue. After all, they get to have an analyst meeting and they can tell the world how all the bad is over and they will be better next time, blame asia.

Jim
PS, I am a bear on this one.



To: jtechkid who wrote (30327)3/16/1998 7:07:00 PM
From: akidron  Read Replies (2) | Respond to of 53903
 
Dave D. Jtechkid and Teri... I see we meet again at the scene of disaster... 5% margins.... barely supports capex, and Micron is the low cost high prod. producer... how bad are the koreans hurting....
of course back on the amat thread.... there are those who will see an upside... but there is none... except to be in cash with mony to spend when the parts faves tank.


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