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

To: Richard Russell who wrote (30494)	3/17/1998 10:41:00 AM
From: phbolton	Respond to of 53903

email discussion with "thestreet.com": John Edwards: Thanks for the reply. I still think that a loss of 0.41 is the correct figure as also reported by Bloomberg and others. The Micron press release [which is available at micron.com ] also lists the 0.18 as a one time gain, due to a sale of assets: "Operating losses incurred in the Company's semiconductor memory and PC systems operations were partially offset in the second quarter of fiscal 1998 by an $0.18 per share<diluted (after tax and minority interests) gain on the sale of 90% of the Company's contract manufacturing subsidiary." Best Philip >Mr. Bolton, > >Thanks for your note. Checking First Call, I find that it records the >18-cent gain as a "non-extraordinary unusual item," meaning it's properly >included in the operating figure. I haven't been able to find the >discrepancy you mentioned, however. > >Again, we appreciate your feedback. We'll stay on top of this very complex >report and see if there's any additional light we can shed. > >Regards, >John Edwards > > >==================== >John J. Edwards III >Senior Markets Writer >TheStreet.com

To: Richard Russell who wrote (30494)	3/17/1998 10:41:00 AM
From: yard_man	Respond to of 53903

I give it about 3 - 5 weeks. I don't care what the short interest is Richard. All those folks long don't want to see their money go up in smoke. Give 'em a little while longer to put two and two together.

To: Richard Russell who wrote (30494)	3/17/1998 10:45:00 AM
From: Jerry Denkera	Read Replies (2) \| Respond to of 53903

Richard why so angry? I happen to agree with the comments and going forward the pros seem to agree as they keep propping up the stock.Why fight the trend when the activity seems to indicate the stock will probably go higher before lower. Regards Jerry