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Technology Stocks : Micron Only Forum

MU 223.79

+7.9%

3:59 PM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (30364)	3/16/1998 8:07:00 PM
From: Ted The Technician	Read Replies (1) of 53903

Does anyone out there know why MU claimed on their income statement $157.1M gain on sale of subsidiary stock and investments? I notice that MUEI (not MU) is claiming $156.222M gain on sale of their MCMS subsidiary. Since MU owns 65% of MUEI, does this allow MU to claim the 100% gain of $157M? The $157.1M gain of MU divided by diluted number of shares translates to an extraordinary gain of 0.74. How did MU translate this to $0.18 gain? If MUEI drops 50% in price, how will MU's balance sheet / income statement look like? Thanks in advance. Ted The Technician

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