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To: jeffbas who wrote (2613)10/21/1999 12:29:00 PM
From: steve olivier  Read Replies (1) | Respond to of 2920
 
Agree, The lack of a Milpitas fab write-off and continued transition of production to Yamaha is a disappointment. The Milpitas fab is killing them!! If you assume that Q3 reflects about a 15-25% shift of production to Yamaha and the margins went up 10%, you see what the margins could be.

I have given up on predicting if, and when, they will write it off. As I stated on the call, I know for sure the %*^#& thing will be gone in 2 1/2 years.