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Technology Stocks : Micron Only Forum

MU 333.34

-1.4%

Jan 14 3:59 PM EST

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To: ratan lal who wrote (25723)	12/18/1997 8:18:00 AM
From: Skeeter Bug	Read Replies (2) of 53903

ratan, mu showed $130 mil for depreciation this q instead of the $160 mil they will avg for the next 3 qs. timely purchases prevented them from reporting a $0.04 loss. when they go to $160 mil, per their cc, it will cost them $0.08 a share. muei will turn negative next q as will mu. they have to carry inventory at cost not market value b/c their are dumb people that care about accounting and not reality ;-) what a dog. bow wow. hope to see $22 before expiration on friday.

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