SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum
MU 236.50+2.7%12:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: cordob who wrote (52741)7/4/2001 5:25:13 PM
From: Skeeter Bug  Read Replies (1) of 53903
 
cordob, you haven't been following mu long. intel gave them $500 million within the last 2 years. $1.7 billion drops to $1.2 billion.

getting cash donations from intel is NOT micron's primary business. btw, mu dilluted their stock in the transaction.

take out micron's debt to equity conversion of the last 2 years and you have a company with NOTHING! ABSOLUTELY NADDA! and losing money as we speak - MUCH MORE than $200 million per year. oh, and the MANDATORY capex of about $1 billion / year to stay in the game.

again, converting debt to equity is NOT micron's primary business.

this company burns cash like bob marley burns hemp.

micron is a very savvy and manipulative company. folks on the rmbs thread are calling for mu to go broke in 2 years. IF mu was to receive no inflow of cash except from the dram biz, this is close to true. however, micron management is very adept at monetizing shareholder ignorance and they will continue to do so as long as their investors chekc their hats for the crayons.

expect micron to continue dilluting their shares to raise cash their main business can't in order to subsidize a sh*tty business. that has been the fact and i suspect it will only get worse as demand growth for computers gets rocked.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News