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To: Fabeyes who wrote (45765)	5/12/1999 8:47:00 PM
From: Thomas G. Busillo	Read Replies (2) \| Respond to of 53903

Fabeyes, what's even funnier is the following line (and keep in mind that the analyst is reiterating a "Strong Buy" and a 12-month $100 price target, which considering that the price on the report is $41.50 is another way of saying "why we think this stock will appreciate 141% in the next 12-months"): Management's guidance suggests it is too late for EPS to recover in the current quarter and even if prices were improved, the impact would be limited. Well, Gruntal, what do you think? To be fair, the support for the strong buy comes from them citing MU continuing to lower mfg. costs and expand market share (I have no problem w/ the first; I would love to see this analyst's independent calculation of MU's market share). Demand is rising in the semiconductor industry and the DRAM industry remains in a state of oversupply... Gee, Gruntal, was this breakthrough insight your own or was this also guidance? Pricing could reverse at any time, actually over the last few days pricing did stabilize, a trend we would like to see continue. And the distance between that and a line like "we're crossing our fingers, rubbing out lucky rabbit's foot, and throwing pocket change into every fountain we pass in the hopes that what we'd like to see happen will happen" is what exactly? Good trading, Tom