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Technology Stocks : Micron Only Forum

MU 312.15

-1.0%

3:59 PM EST

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To: Skeeter Bug who wrote (34609)	6/9/1998 7:01:00 PM
From: Trey McAtee	Read Replies (1) of 53903

skeeter or mike (or anyone for that matter)-- this friend of my partner says his broker told him to buy MUEI. i dont really feel like looking it up, so if you know the answers off hand, please let me know. how much of MUEI is MU still holding? how much do you think MU is going to liquidate this year to meet debt obligations? might they sell off their position entirely to buy TXNs DRAM ops? i told him not to buy MUEI. why? because i am afraid of MU using its holdings as a bank and selling them off, creating a supply imbalance. oh yeah, any other reasons you can think of for not buying MUEI would be helpful<G>. on a lighter note, loved the increase in price today. didnt 16Mb pricing in japan hit 1.40 at some point last week? sounds like a bullish indicator to me!!!<G>. skeeter-- loved the ZE reference. are they even planning to reorganize? might be a fun vulture investment. good luck to all, trey

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