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Technology Stocks : Xicor ?

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To: jeffbas who wrote (2636)11/10/1999 1:05:00 PM
From: John William Anderson  Read Replies (1) of 2920
 
to quote,"It is possible that as a result of this evaluation, Xicor may decide to close its Milpitas wafer fabrication
operation which decision would adversely impact its results of operations for the quarter ending
December 31, 1999 because of significant charges associated with closing the wafer fabrication
operation. Such charges would consist primarily of a non-cash write-off of fabrication equipment and to a
lesser extent severance, facility shutdown and other costs. ""

So, will xico go down because of the write-off or will it go up due to analyst's approvals of the shutdown?
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