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Technology Stocks : Micron Only Forum
MU 258.46-2.0%Dec 11 3:59 PM EST
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To: DJBEINO who wrote (31270)3/25/1998 11:20:00 PM
From: Skeeter Bug  Read Replies (2) of 53903
 
>>The firm will suffer a loss in fiscal 1997 owing mainly to a 60 billion yen deficit in the
semiconductor division. Fiscal 1998 should see the company move back into the black
if it can reduce the loss on semiconductor operations to 40 billion yen.<<

so, dj, all they need to do is cut their losses by 33%. hey, what do you know... mu's competitors are only planning on losing 2/3 of what they lost last year - and this is good. desperation is a sad thing to witness...
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