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


To: Chas who wrote (42515)1/27/1999 8:17:00 AM
From: J. P.  Read Replies (2) | Respond to of 53903
 
Dumb question:

Since Micron has no earnings, only hope of earnings, on what calculation do you base your supposition that firming of prices in the spot market will help the stock? Isn't the price of any future earnings already built into a stock which trades at no PE, and has a per share price of over 70?