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Technology Stocks : Micron Only Forum

MU 238.88

-0.7%

10:47 AM EST

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To: Bipin Prasad who wrote (6108)	12/14/1996 8:57:00 PM
From: Bipin Prasad	of 53903

To Everyone: I checked my records and did not find an instance of Micron pre-announcing or giving any meaningful info from which revenue or profit figures could be derived. Even in the teleconference last quarter, they refused to give analysts any indication of numbers. They had repeatedly stressed that they do not give info on .... (fill in blanks, I have had several encounters on various topics, i.e. yield, costs, bit-volume). In light of that, Kipp Bedard's announcements last week were extremely unusual. They were not factual either. HOw does he know it will surprise ? Did he conduct a random sample. How does he measure strength of balance sheet ? Foot-Pounds per square feet ? I distinctly remember this (because it irked me at that time) that Steve Appleton, effectively called the top when Micron passed $38 for a single day. How could he call the the top when the rest of us had no idea that he was privy to all the internal details about pricing ? Is there any correlation between the current statements by Kipp and the intention of several top management staff of Micron to sell their shares ? Where is spliff when you need him ? Too many questions for one post ! Answers anybody ?

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