lo estimate -.34 -.05 -.53
hi estimate -.05 .91
looking at the analysts earnings estimates for the next
two q's and next fiscal year, it is very apparant the
there's a great deal of uncertainty out there.
comparison to other companies' estimates, mu is a crab
and this isn't because there aren't a large pool of
analysts making estimates.
for speculators, this is
a great stock to play, but one can't say the same
for real honest to goodness investors.
all those analysts that have been upgrading mu they
are really targeting the attention of the momentum
speculators not investors.
but than again what do i
JMIKE911, you are asking some good basic
My intuitive leaning is telling me that Micron is
going to go the way of the diskmakers and boxmakers.
Some of the names that come to mind are wdc, qntm,
rtrd, cpq, im, etc. All of these companies did
extremely well for some time but at the end truth prevailed
in the sense that it became apparant to the
investors that the industry was mostly
It also reminds me of the tv manufacturers
back in the 60's and early 70's; rca, zenith, etc. did
well until the asains got into the mix. Sony, toshiba,
and the like took all the profit out and brought the
demise of their american counterparts.
my limited knowledge of the chip industry, the same
picture looks to me to be in place.
The case for
intc is different because of research and development
of new technologies, but with mu there is no
innovation or revolution of technology. They are just part
proudcers of computers.
With the ramping up of the
256 dram from asia next month, i think mu will be in
trouble as it is really now but one wouldn't know it from
all the exubrance. they are not making any profit now
as they were not last qtr; it's just that the street
is excited that the prices for a change have gone
up, so they are losing less. Prices ,btw, have gone
up because many of the asian producers are gearing
up for the next generation if you will of the memory
chips. If the industry was not going through this
transition, prices would have kept declining or sidetracking.
I think once we have seen the apex, the slide is
going to be very easily recognizable.
feeling is that micron is in a countertrend to the
market; meaning, as soon as the market turns up micron
will turn down.
but than again what do i know.
I just could not wait for the top to sell. I seem
to have missed it a couple of points so far but the
DRAM business being cyclical and the stock being super
cyclical, I just have this feeling that in a couple of
months or years (yeah, could be years), it will be cheap
again and I will, once again, jump on the
More news about 64 meg prices coming up will be good
news for RMBS since I believe that the only way that
RDRAM will come to fruition will be when it is
profitable and the issue is forced. Intel backing off tgo
the 133 MHz SDRAM is just the standard "target of
opportunity" for them.
Good luck to all of you (even
pencil necked, scum sucking, jive ass, cross eyed, knock
a few questions I'd like
comments/opinions/answers to.Is MU making money;they haven't that I've
researched in quite some time.Is it true that it cost $10.00
to build a DRAM Chip,if so how do they make money by
selling them for 5.00-6.00-7.00????The chart on Micron
looks great.However I am considering a SHORT
position.Can it be the reason for the MU spike is because
Commodaties have spiked because of inflation and MU is just a
way to play it?Outside of Mommentum players bidding
it up whats the deal???? Your responses will be