Micron Sucks! :-) Message Board

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Technology Stocks : Micron Sucks! :-)

MU 237.50

-1.5%

Dec 15 3:59 PM EST

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To: yard_man who wrote (3061)	6/18/1998 6:01:00 PM
From: MythMan	Read Replies (2) of 3244

>>Under the terms of the unusually structured transaction, Texas Instruments will receive about 28.9 million shares of Micron, plus convertible debt securities. Micron also will assume about $190 million of government-sponsored debt associated with TI's Italian memory operations. In addition to TI's memory assets, Micron will receive $750 million in financing from TI to facilitate the deployment of Micron's technology throughout the business.<< uh-oh. TI taking some worthless stock. TI really wants out of dram don't they. Look for MU to bounce then tank <g>

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