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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Koehler who wrote (46614)	6/23/1999 5:31:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 53903

a dime loss after hiding all that inventory - on shrinking revs... remember microstamp (or whatever)? you know, the billion dollar rev generator? >>Subsequent to the end of the third fiscal quarter, the Company decided to discontinue funding of its radio frequency identification (RFID) development efforts as the Company continues to focus its resources on its core semiconductor efforts. It is anticipated that the Company's majority owned RFID subsidiary, Micron Communications, Inc., will cease operations in the fourth fiscal quarter resulting in a consolidated pre-tax charge of $9 - $12 million.<<