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Technology Stocks : Micron Only Forum

MU 225.84

-2.9%

1:20 PM EST

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To: Carl R. who wrote (39490)	10/1/1998 4:09:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

carl, i understand. i just took issue with the statement that mu could spend $1 billion of depreciation to cover their $1 billion in capital expenses. in fact,, please calculate the net marginal increase in cash (through reduced taxes) that all of mu's depreciation generated this q. not for the year. for the q. 12 months ago is not even remotely relevant to today's dram world. we're all waiting to be underwhelmed ;-)

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