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Technology Stocks : Micron Only Forum
MU 225.89-1.1%3:59 PM EST
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To: Knighty Tin who wrote (46940)7/6/1999 1:01:00 AM
From: shrinks  Read Replies (3) of 53903
 
Michael
For the 2nd qtr they made about 50 million pretax, with an ASP of
aproximately $9.00, 3rd qtr they lost about 50 million pretax with a claimed ASP of $7.00, a good estimate of there cost would be about $8.00/part. Looks like they will be looking at a loss of $3-$4/part
they ship... The interesting point is that is doesnt look like they
have reduced their cost from 2nd qtr to 3rd qtr, during the conference
call Fleckenstein asked about what they were doing about reducing their costs and he did not get an answer......
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