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To: Fabeyes who wrote (46459)6/20/1999 1:58:00 PM
From: Skeeter Bug  Respond to of 53903
 
>>2001 the mean estimate is $6.32. Honest.<<

last time the estimate was nearly that high ($4.00) mu made $1.00 (including the selling of their assets) on their way to mondo losses!

btw, that $6 was for 1999. then it was for 2000. now it is 2001. 2002 anybody? 2003 anybody? 2004 anybody?

will mu pay its interest on its debt or default?

tunie in next week as mu turns (inside out!)...



To: Fabeyes who wrote (46459)6/20/1999 11:40:00 PM
From: Carl R.  Read Replies (1) | Respond to of 53903
 
Fabeyes, they don't have to pay TI and Intel for the stock, they already paid them with the stock. When TI and Intel decide the time is right, they sell the stock and if their timing is good, they have their money back and a nice profit, too.

MU currently has a very good capital situation and is perfectly capable of continuing to ramp production for another two years at least even if a boom period doesn't come. And in making dire predictions, don't forget that as I mentioned in the last post, MU is now partially insulated from the DRAM cycle by the JV contracts.

Carl