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Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST

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To: Bipin Prasad who wrote (29249)3/3/1998 2:19:00 PM
From: Jerry Denkera  Read Replies (2) of 53903
 
Bipin's partner--My point was MU being bullish in an extremely
weak environ for them might mean some assets being sold that
will be meaningful for bottom line.
A sale of MUEI even at just 15.00 which would be less than 1x
sales would put almost 4.00 a share in MU's coffers.Perhaps my
math is incorrect but makes for at least a plausible scenario
to current MU strength.
Regards Jerry
MUEI===sales approx 2billion
95.55mil shares x 15.00 =1,433,250,000
MU owns 64%===917,280,000
211mil share==4.35 per share
Not a bad take if it happened===Then again???????????
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