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Technology Stocks : Micron Only Forum
MU 284.79-0.7%Dec 26 9:30 AM EST

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To: Knighty Tin who wrote (34731)6/10/1998 10:03:00 PM
From: E_K_S  Read Replies (1) of 53903
 
Hi Michael: If we knew that MU was loosing $1 million per day and it was stated that they had seven months to stop the bleeding (these are not my numbers but they are what I hear on the street in Silicon Valley), where should MU trade? Let it be known that some insiders (I hear that this is at the VP and Director level) at MU are very worried that they feel something must be done but they do not know exactly what to do.

The bleeding continues and MU does not have a business plan....

EKS

P.S. I was told that TXN held an open auction for some of their DRAM equipment with a minimum bid starting at $1 million... the only offers they received was for $100K which was not accepted.
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