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Technology Stocks : Micron Only Forum

MU 243.96

-5.6%

12:03 PM EST

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To: Carl R. who wrote (39378)	10/2/1998 5:39:00 PM
From: Skeeter Bug	Read Replies (2) of 53903

carl, i understand now that you understand depreciation. perhaps we can go back to the original post that doesn't make sense - even in light of your recent explanations. >>MU currently has depreciation of a shade over $600million per year. That combined with their $250 million on hand and the $100 million tax refund should fund the continued expansion, so long as they don't lose to much in the meantime. Even if they lose another $200 million over the next 12 months (which I don't think they will) this would still supply them with $750 million, so they should be fine for at least 12 months.<< you take $600m+250m+100m-200m=750m. the $600m is depreciation. you treat it as though it is $600m cash in the bank. how come? tia...

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