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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (28529)5/26/1998 1:27:00 PM
From: Mike M2  Read Replies (3) | Respond to of 132070
 
Earlie, good to see back on the thread. The situation is so dire at Micron that I don't see how they can raise the additional money to stay competitive. Micron has pulled many rabbits out of it's hat but it is near the point where only divine intervention can keep the stock from hitting the elusive $6/sh target. Earlie, I am sure that you have seen the esop analysis done by Andrew Smithers in Forbes 5/18/98 but in case you have not it is a must read. MB I think $6 is too optimistic and you should lower your target price -g- Mike



To: Earlie who wrote (28529)5/27/1998 11:20:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Earlie, I hope MU doesn't take any writeoffs, as the market considers losing your shirt in one swell foop a positive thing. Of course they also consider the Titanic a luxurious submarine. <G> MB


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