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


To: Skeeter Bug who wrote (33062)5/8/1998 10:29:00 PM
From: pat pasquale  Read Replies (1) | Respond to of 53903
 
sbug; how good can things be when AMAT

makes an after the bell announcement like they did...
somehowbad news gives a stock price a 10% rise....
one day this party is gonna end and watch out below...

good trading

pp



To: Skeeter Bug who wrote (33062)5/8/1998 10:34:00 PM
From: TREND1  Read Replies (3) | Respond to of 53903
 
Skeeter
you wrote
<<ratan, mu is bleeding money. if they buy txn they will also bleed money. >>

Please state your sources !!!!

You are not just making this stuff up, are you ?

Larry dudash



To: Skeeter Bug who wrote (33062)5/9/1998 1:00:00 PM
From: ratan lal  Read Replies (1) | Respond to of 53903
 
Skeeter

but, so will any eps when
that time comes two or three years from now


I dont think Crappleton cares. Nor will anyone else. Many things can happen in 2 to 3 years. And if you can postpone Bk or bad news that is inevitable, then I would do the same in Crappleton's place. You have to give him credit for that.

The idea of reducing the the LPS (loss that is more or less predictable for the next 2-3 years) by increasing the # of shares and simultaneously increasing the Assetts (TXN purchase) is a stroke of genius.

It improves the Balance Sheet compared to the previous year AND makes the Income statement look not as bad as the previous year on a per share basis.

Now you and I understand the creative accounting and how they can use it, in a conspiracy with the MM and their major shareholders, to screw the general public.

What we have to understand is that IT WORKS. SO we would be stupid, on a short term basis, to go against it. We would be better off if this turkey skyrockets and then we shoot it. OR we somehow make this accounting so public that they cannot fool anyone into buying this turkey. I doubt we have a large enough public forum to do so.

ratan



To: Skeeter Bug who wrote (33062)5/9/1998 2:12:00 PM
From: Mike M2  Read Replies (1) | Respond to of 53903
 
Skeeter, don't be dis'n Micron too much or Grim may send the Micron crop dusters after you. ho ho ho I would guess Value Line's source for Micron being the lowest cost producers of DRAM is the company itself. Even if MU is the lowest cost producers of money losing chips their pockets are not the deepest. Investment bankers may be good at selling lousy investments but they are not miracle workers. Pete could you fetch me some water I'm thirsty hahahaha Spoken softly like de Grim Mike