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Technology Stocks : Micron Only Forum

MU 263.78

+4.5%

Dec 10 3:59 PM EST

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To: TREND1 who wrote (35361)	6/19/1998 2:11:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

larry, does $5 billion in market cap discount the very REAL possibility that mu goes bust? hey, after this q mu has $100 million left to spend on semis. the $750 million is for upgrades to facilities so the "low cost producer" weapon, which isn't scaring anybody and hasn't done much for mu ;-), can continue to wrap money around each chip sent at an accelerated rate. it will not be used to pay off debt - which continues to rise by leaps and bounds. mu is in deep kimshee with just 2 qs of severe losses after supposedly minting money for several years. great business, huh? ;-)

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