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Technology Stocks : Micron Only Forum

MU 285.56

+3.4%

9:41 AM EST

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To: DavidG who wrote (38982)	9/24/1998 8:41:00 PM
From: Skeeter Bug	Read Replies (1) of 53903

>>The company had a debt-to-equity ratio of 1,498.5 percent at the beginning of this year, the third highest among Korea's top 30 conglomerates.<< wow, now that is debt. the only thing more frightening is that 2 more companies have higher debt. i never argued that mu's major competitors didn't have serious issues. keep in mind these facts. desparate sellers very rarely get a good price. that means whoever take sover the ewuipment/fabs has a lower cost basis and their net expenses are lower. i doubt they buy this companies equipment and turn it into a mcdonalds. if the supply is still there, with a lower cost basis, is this good? also, this company didn't sound like it was in the league of samsung, hyundai and lg - the big boys. lots of little guys are dying or are dead now. it is like a finger in the dike, though. one finger ;-) good piece, though. thanks.

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