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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (54957)	4/7/1999 1:59:00 PM
From: BSGrinder	Read Replies (1) of 132070

Those funny guys (Busillo and Graybill) over on the MU thread are thinking up possible brain-dead analyst's reaction to MU spin at the ongoing tout-fest. Here is a great one: May I offer a dark-horse of my own?: "In thumbing its nose at Intel mere months after having received $500M in loans, Micron makes a de facto announcement to the marketplace that it intends to default on that debt, and by that very fact, ensures that borrowing via normal venues of credit will no longer be an option. Only a company supremely and uniquely confident in its projections for its financial future could display such arrogance toward its lenders in the capital-intensive semiconductor business. Therefore, we raise our rating on Micron to "Super-Duper Buy with a cherry on top"." Ha ha! /Kit P.S. I read that the MU 10-Q just came out. There might be some more hidden pearls.

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