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


To: BSGrinder who wrote (31493)3/31/1998 2:02:00 PM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Kit,

However, I had thought that valuing a stock at a trailing PE of 50 could be widely agreed upon to be at least highly "optimistic" when the company is losing money and has as difficult business prospects as Micron.

Well it is optimistic and nobody is debating that fact with you. In fact this is the first thing you said in which I would agree with you.

DavidG