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To: Carl Held who wrote (41867)1/4/1999 9:02:00 PM
From: Carl R.  Respond to of 53903
 
I'd have to agree that I am lukewarm about most semis at these prices, and that I'd be a lot more bullish if they were on sale for 25% off. <G> I suppose that the SOX at 260 is possible - after all it wasn't long ago that it was under 200. I think that the overall market will change direction sometime this month and things will go your way for awhile.

Good luck,

Carl



To: Carl Held who wrote (41867)1/4/1999 11:27:00 PM
From: Carl R.  Respond to of 53903
 
According to First Call, the estimates for this quarter are pretty tightly clustered in a range between a loss of $.10 and a profit of $.02. One estimate calls for a $.10 profit, while several call for higher losses with the worst being a loss of $.20. For the year there are two clusters of estimates, one around a profit of $.40, the other around a loss of $.30. 8 analysts rate MU a strong buy, 9 have MU as a hold, with 1 underperform and 1 buy. It seems that the analysts either run hot or cold, and not in between.

Carl