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To: TREND1 who wrote (40405)10/27/1998 12:09:00 PM
From: Carl Held  Read Replies (2) | Respond to of 53903
 
In the YEAR earnings report:
Net increase (decrease) in cash & equivalents:
Sept 3, 1998 (60.9)
Aug 28, 1997 343.4
As you can see, cash flow is negative....

For the Qtr (Nov 98)earning estimates, EPS growth estimate is: -917.50%

So the question remains: How can the current price of MU be at this level? Its worth about $20.......



To: TREND1 who wrote (40405)10/27/1998 11:20:00 PM
From: Skeeter Bug  Respond to of 53903
 
larry, never was a forever bear. i consistently padded mu's business so my view was always too positive. i felt the business would deteriorate and it has. business appears to have flattened out. i think it will begin to head down again, but it might be a while. i suspect the market will take this as a positive short to medium term.

in any case, the nasd shut down my broker so i can't trade even if i wanted to. yet... ;-)

mu to $60 again ;-)


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