Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Bruce A. Brotnov who wrote (14383)	12/18/2001 7:29:56 PM
From: Sam	Read Replies (1) of 99280

Does anyone know what this footnote is Micron's report is about: <<(5) During the first quarter of fiscal 2002, the Company received $547 million in cash for the refund of income taxes.>> I was impressed that they increased their cash by over $50m in the quarter until I read that. It must have been expected, as receivables done quite a bit, and footnote 5 is referenced there. I just don't know what it is about. Inventories were down slightly as well. <<Cash and liquid investments $ 1,731.6 $ 1,678.3 Receivables (5) 296.6 791.6 Inventories (1) 451.0 491.1>>

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