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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 9:30 AM EST

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To: Skeeter Bug who wrote (46616)	6/23/1999 6:12:00 PM
From: Earlie	Read Replies (2) of 53903

SB: This thing is an accounting tour de force. The inventory build-up is staggering, particularly given the glut, revs are in the ditch, payables stretched, you name it. And of course, another upcoming writedown, which will no doubt have siblings before it's time to actually put it in a quarterly report. I loved the debt figures. Thank goodness all that money was supplied by philanthropists who do not need to receive interest. (g) On the VSE. we'd trade this thing at $0.28 and that is in Canadian funds. Best, Earlie

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