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

To: A. A. LaFountain III who wrote (43950)	3/17/1999 3:07:00 PM
From: DavidG	Respond to of 53903

Tad, What I said was IMO MU is now around a $6 cost per 64mb chip and I would go so far as to say a mix of EDO DRAM and SDRAM and PC66 and PC100 all melded together. You don't have to crank out all those silly numbers to make that assumption since a few months ago MU indicated that their production costs were at $7 per chip and expected to be in the $5-$6 range early this year. Just my little 'ol intuition.<g> I don't believe there are any numbers anywhere publicly available that can be used to arrive at current production cost numbers. Anything released is usually months old. That is what makes MU earnings games so much fun and why there is such a diverse opinion of MU's future performance.<g> I expect MU to show a profit this quarter.:-) BTW I didn't mention anything about MU being "the" low cost producer but certainly do believe they are one of the low cost producers if not "the" low cost producer. FYI I am not a bull or a bear but rather just a happy trader of MU stock who also likes to know all the fundamentals of the stock. I also trade SLB, MO, LSI and DIS for fun and profit.<g> SLB calls have gotten most of my attention this year since it was the most predictable for me and therefore very profitable. MY current position in MU is very long at 48 3/8 with MUGJ covered calls sold at 10 1/4. Good Luck DavidG