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.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (26888)3/21/1998 8:10:00 PM
From: Kerry Phineas  Read Replies (1) of 132070
 
MB, from Fleckenstein:
As I see it...
I want to comment about the staggering size of Micron
Technology's inventory. If you look at the level of its
semiconductor inventory relative to semiconductor revenues, it's
about $140 million. I've been told that it has about 40 million units
of inventory, or 4-6 weeks worth of inventory, which is a record.
To give you a different view, that amount of inventory in
16-megabyte DRAM chips would weigh 78 tons. Amazing as it
may seem, by my calculations the roughly 240 million in revenues
generated will result in losses of $100 to $120 million. It's
staggering to comprehend paying six times revenues for a
company with losses equal to 50% of revenues. Wow! Until
Monday, that's the Rap!
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