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Technology Stocks : Micron Only Forum

MU 389.00

+6.6%

Jan 21 3:59 PM EST

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To: A. A. LaFountain III who wrote (44053)	3/21/1999 11:51:00 AM
From: Thomas G. Busillo	Read Replies (2) of 53903

Tad, thanks. Now it makes a little more sense. It's quite possible that the relevant assets were deemed impaired prior to the proposed transaction (perhaps as the negotiations progressed). So in theory, it's possible they "discovered" during 2Q that the assets had a lower value and they take it as a write-down 2Q so when the deal actually closes 3Q, they wouldn't have to book it as loss on sale of assets. I guess I was coming at it from the school that says charges should be incurred during the period the transaction occurs. Definitely "old school" <g> Good trading, Tom

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