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Technology Stocks : Micron Only Forum

MU 243.16

-5.9%

3:04 PM EST

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To: Fabeyes who wrote (37504)	8/16/1998 1:54:00 PM
From: DavidG	Read Replies (4) of 53903

Fabeyes. The 500 million or so will be eaten by the loss of 150 -200 million per quarter PLUS an additional 150 million from the TI DRAM losses. Is my math that bad 200 + 150 = 400, 500 in bank - 400 loss = major trouble? This is absolute nonsense. There is no basis for MU losing $150-200 million per quarter...Is your math bad??? ....Your whole analysis is bad. You are feeding the rest of the "forever bears" absolute crap. I think you are just pulling numbers out of the air to justify your arguments. Why don't you first cover your shorts or close the PUT positions and then take a second look at the numbers.<g> You are obviously two biased to say anything reasonably correct about the current financial position of MU. My guess is that at most they lose only $.25 this quarter if DRAM continues in their current trend and for 1Q99 a positive earnings. This of course does not include expected charges for the TXN acquisition which I have no idea as to its amount. I would probably question your yield numbers you have been throwing around relative to Samsung, just on principal, but I don't know enough about them and have not seen anything in print to refute or support your claims. One thing I do know is that MU is producing as much as they can ship which is more than sufficient for its demand so even if there is the slightest truth to your comments it really doesn't matter. It appears that you are really going all out to compete with Skeeter for the #1 "forever bear" spot. DavidG

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