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To: TREND1 who wrote (33284)5/13/1998 10:12:00 PM
From: pat pasquale  Read Replies (1) | Respond to of 53903
 
LD; does california gas have competitors
knocking on the door like MU does with very competitive
pricing??

well even if costs are coming down what margins is MU
working at, not much.. here's a hypothetical if ever again ASP
goes back to 4.05 they only earned what was it .04 a share (2 qrts ago) last qrt. ASP was 3.50 and they lost what 200 mil...through all
of this the stock has stayed 29-33 range, no? would you be willing to bet on upside and why would you.. this qrt ASP maybe if the're lucky
it will be $3...

thanks for your thoughts