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Technology Stocks : Micron Only Forum

MU 344.97

+5.5%

Jan 9 9:30 AM EST

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To: Carl R. who wrote (38485)	9/16/1998 12:38:00 AM
From: Trey McAtee	Read Replies (2) of 53903

carl-- the issue isnt just the korean located fabs anymore, but the korean owned, american fabs. any way you slice it MU is living on borrowed time. here is one scenario...they are producing, and holding inventory. why? so they can increase ASPs AND...raise the valuations on the inventory they hold making the financials look better. as for the capital to move forward...all the players are in bad shape. one thing though on MUs side...they could sell off the remaining MUEI<G>. good luck to all, trey

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