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Technology Stocks : Micron Only Forum
MU 207.36+3.0%Nov 21 9:30 AM EST

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To: Curlton Latts who wrote (44755)4/2/1999 12:10:00 PM
From: Curlton Latts  Read Replies (2) of 53903
 
MU's positive cash flow generation is impressive. Last quarter's $22 million in earnings was AFTER $190 million non-cash depreciation expense. That means that on a cash earnings basis last quarter they generated $212 million of earnings. No wonder the company has over $1.9 billion of cash and liquid investments on the balance sheet - and growing.

Good Luck To Each And All

Curly

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