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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (45398)2/2/1999 2:09:00 PM
From: Skeeter Bug  Read Replies (3) of 132070
 
micron said to have lied in news release...

NYT article picked up by ZDnet.
"Here's a good one: An article in Monday's New York Times said the chipmaker lied
last quarter when it reported sales of $428 million when actually had only sold $409.5
million worth of chips.

In its company press release, Micron also failed to report a 10 percent decline in
megabits shipped. Micron shares are up 50 percent since the December 23 report
showed the company had lost only 19 cents a share rather than the expected 28 cents a
share. After hitting a 52-week high of 78 7/8 Friday, the stock lost 2 5/8 to close at 75
3/8. It hit a 52-week low of 20 1/16 in June."

today is a GREAT day! :-)
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