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Technology Stocks : Micron Only Forum
MU 248.54+10.1%3:59 PM EST
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To: valueminded who wrote (35040)6/17/1998 12:35:00 AM
From: Skeeter Bug  Read Replies (1) of 53903
 
chris, micron never let accepted accounting principles nor morality impact anything they do. holding back inventory reduces their red ink for the short term. it is called hail mary management. they hope that dram pricing moves up so they can dump it at a massive profit down the road. hey, it happened in 1997 ;-)
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