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Technology Stocks : Micron Only Forum
MU 256.92-2.6%2:10 PM EST
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To: Alec Epting who wrote (5856)12/11/1996 4:30:00 PM
From: John Tais   of 53903
 
Alec, they have TONS of depreciation. They had about $2.5 bln of
capital spending over the past few years. Considering the slim
margins it will take them years to earn it back, if ever. Also
they need to spend $500 mil this year plus more if they ever hope
to produce 64M dram.
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