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Technology Stocks : Micron Only Forum
MU 292.63-0.6%Dec 30 3:59 PM EST
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To: TREND1 who wrote (34526)6/8/1998 2:05:00 PM
From: mike iles  Read Replies (2) of 53903
 
Larry,

Does MU's vaunted know how extend to making money at current prices ... does it even stretch to covering their costs of production????? They sure are exhibiting a lot of know how. So now, when they can't even make the cost of production in their own facility, when they have a white elephant standing idle in Lehi, now it makes sense to buy TI's antiquated fabs??? TI has been trying to get out of the DRAM business for at least a year ... how much do you think they've invested in next-generation manufacturing equipment??? (try nada). If this does happen it's purely a Wall St. play by MU and in fact will illustrate how desperate they are ... a great putting opportunity.

regards, Mike
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