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


To: steve nguyen who wrote (41632)12/23/1998 6:40:00 PM
From: Carl Held  Read Replies (1) | Respond to of 53903
 
Computer sales not great.....

Micron also said unit sales of its personal computer systems rose 2 percent over the year-earlier period, but the average system price fell 23 percent as the company slashed prices of its notebook and other models.




To: steve nguyen who wrote (41632)12/23/1998 6:54:00 PM
From: Skeeter Bug  Read Replies (2) | Respond to of 53903
 
steve, this vaunted demand produiced a loss of 19 cents. sure, it is better than some expected - though i know people who were called up and told the whisper was 25 cents in profits - but, h*ll, what was mu's stock price at the beginning of the q?

we know why the koreans haven't been selling lots of dram b/c it would be at a loss. now that we are close to breakeven they will crank out da goods. remember the extra dilution that lowers lps and eps.