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

To: Carl R. who wrote (43956)	3/17/1999 4:00:00 PM
From: Earlie	Read Replies (1) \| Respond to of 53903

Carl: Thanks,...I needed that. My age is showing. (g) You are absolutely correct on both the point and the excellent references you supplied. It is irrefutable logic and has the further benefit of being supported by the market's actions. (g) best, Earlie

To: Carl R. who wrote (43956)	3/17/1999 5:02:00 PM
From: Tom Moore	Respond to of 53903

Carl, The truth in that is powerful and frightening. I post no substantiated views on this thread because the best I can come up with is this: 1)a future that supports a $5-10 MU valuation, i.e. 'maybe' they'll make money one day - my current analysis. 2) $10-20, i.e. things go well for Micron and a valuation is based on predicting how much they will earn The actual trading price of $50 give or take $30 or $40 does not lend itself to ANY valuation process. I'm saving my pencil lead. T.M. permabear with a long position as I type and a bid in for some Jan 00 20puts