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Technology Stocks : Micron Only Forum
MU 201.37-10.9%Nov 20 3:59 PM EST
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To: yard_man who wrote (41645)12/23/1998 7:45:00 PM
From: John Graybill  Read Replies (2) of 53903
 
I just can't imagine the accounting principle that allows it. Let's run with it: now TXN and INTC own part of MU, thus they also own part of MUEI, do they *both* get to claim *all* of MU's sales, like MU does with MUEI? For that matter, do they get to claim all of MUEI's sales as well? Fidelity owns a lot of MU, and INTC, and TXN, and MUEI, do they get to claim MUEI sales six or seven times? And MU sales two or three times? Etc. Sorry for my repitition, I know this was baffling me last quarter as well.
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