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Technology Stocks : Micron Only Forum
MU 241.14-6.7%Dec 12 9:30 AM EST

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To: davesd who wrote (5846)12/11/1996 4:23:00 PM
From: John Tais   of 53903
 
Dave, I think Kip's remark about the balance sheet is a transparent
way of saying that they weren't negative cash flow for the quarter.
I still think they'll show an operating loss and patch it up with
one-shots and MUEI contributions. It's possible that they deferred
capital spending to preserve cash on the balance sheet. You would
think people would get suspicious when they don't mention EPS. Hmmm.
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