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

To: Skeeter Bug who wrote (41741)	12/28/1998 9:15:00 AM
From: Carl R.	Read Replies (1) \| Respond to of 53903

Skeeter, you've got to quit thinking in the past or it will get you in trouble. MU made money last year, but was projected to lose money in the future, so it's stock price was low last year. Now it is losing money, but is projected to make money in the future, so the stock price is up. What is going on in the present is much less relevant than what is expected to happen in the future unless it compromises the companies ability to get to the future. MU's losses last quarter and this quarter are inconsequential. What matters right now is what will happen a year from now or beyond. And thanks for reminding me that INTC claims to be blowing the doors out, along with COMS. So computers are definitely moving, even if they aren't moving through Ingram, Inacomp, GTW, and MUEI. MU stated that inventories are much lower this year than last, so someone must be buying them. And the switch by CPQ to build to suit also implies no inventory correction this year. By the way, here is a web site you might try for grins: stockselector.com After checking out MU, try AMZN. <VBG> Carl