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Technology Stocks : Micron Only Forum

MU 344.97

+5.5%

Jan 9 9:30 AM EST

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To: Knighty Tin who wrote (33554)	5/16/1998 10:28:00 PM
From: Kerry Phineas	Read Replies (1) of 53903

MB, that was my take also, that half their cash would be gone by next report. According to the Fortune article on MU 2.5 years ago, MU has good banker connections, b/c Simplot is good buds with the president of the biggest ID bank. re Simplot's cash infusion, I'd love to see the details of his forward sale and who took care of it. (Oh, yeah, I covered a short position on MU at 27.5, so its probably going to go into free fall. Still have a small position of LEAP puts, though.)

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