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

To: william j cap who wrote (40820)	11/10/1998 11:48:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 53903

MU will come down, but probably not tomorrow. My projection is for next week. I haven't looked at the outstanding options, but I am pretty sure that the picture is ugly, and I fully expect the stock to finish at 40 a week from friday, though if we blast through 45 tomorrow a finish at 45 is possible. I have a hard time imagining the stock above 45 for options expiration, though. As for whether MU is making money (excluding TI), we'll just have to wait for earnings. But I believe that they will average about a 5-10% higher ASP this quarter than last, and I believe costs per chip will be down about 20%, or if you prefer, production will be up 25%. Thus I think a 30% increase in revenue (excluding TI) is possible. What is your projection? Carl