Fabeyes, that is a good question. Unfortunately, he doesn't have to provide the answers. He has sanction to speculate.
If MU's DRAM ops. were kicking out tons of cash that they were re-investing in MUEI, fine, his argument as to the "why" becomes a lot stronger.
I see it as -
They need cash for their core business.
The OEMs know they need cash for their core business.
Their core business is their priority. It's reasonable to assume that whatever their DRAM ops. are kicking out, the overwhelming majority is going to go towards reinvestment in DRAM. They have to do it.
Any reinvestment in MUEI from the DRAM stream seems like it would be marginal and IMHO the OEM's could connect the dots.
Also, where did this theory come from?
If they managed to increase market share with a majority ownership in MUEI in the past, why have we reached the point now where this relationship somehow limits their penetration re: the major OEM's?
Sure, MUEI is larger, the management team seems to understand the importance of sales and marketing, etc., but IMHO that's just a silly reason to give for what may potentially be driving any divestiture considerations.
"...wouldn't be surprised..."
What kind of horse[bleep] is that anyway?
The answer is contained in the question <g>
Good trading,
Tom |
