Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DavidG who wrote (35289)	6/18/1998 8:03:00 PM
From: Kerry Phineas	Read Replies (3) of 53903

DavidG, this is the amongst the weakest analysis I think I've ever seen. "TXN isn't dumb...MU has more stuff to sell to keep their real estate and company going. <vbg>" TXN did a transaction potentially worth less than nothing to them. MU just greatly increased their capital expenditures and debt levels at a time when cash is needed. Both of those are likely negatives, definite negatives if there isn't a turnaround in the near future. The fact that MU can, in the near future anyways, sell more chips at a loss when they are running low on cash could be the straw that breaks the camel's back and regardless is a gamble to achieve the economies of scale they'll require to survive, imo. Kurlak's recent analysis was completely counter to MU's current strategy, btw.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next