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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (78359)	3/22/2000 5:51:00 PM
From: Logain Ablar	Read Replies (2) \| Respond to of 132070

Earlie: MU Options comments. cbs.marketwatch.com We spoke a few weeks back on the Manhatten Fund fiasco and the auditors being clueless. Looks like MSTR was also a scam. The CFO will be toast while the CEO may claim ignorance. For now I'll give the auditors the benefit of the doubt assuming they didn't look to closly at the interim quarters and just picked this scam on the year end audit. Tim Tim

To: Earlie who wrote (78359)	3/23/2000 10:50:00 AM
From: shrinks	Respond to of 132070

Earlie, Every day I watch this market turn increasingly into a huge transfer of wealth from the public to the employees of dog companies and the investment banks that cover them. With Micron I cannot believe these analyst's have any type of education at all, this is the easiest company in the market to deciper how they are doing from just their earnings statement. This past quarter there fully loaded cost increased about $.5/64Meg chip, and no one called them on it, or on the increase in inventory at a time when according to management everything was picking up. If ASP's stay in the $6 range I expect about a $100 million loss for the qtr, for each $1 dollar drop in average ASP for the qtr increase the loss by $100 million. I saw were Appleton claimed that the DRAM guys cannot add capacity because all of the logic guys have there orders in already, Samsung has been in line for the last 6-12 months for line 9 in Korea, and Hyundai has placed several large equipement orders for an epty LG shell as well as upgrades to 2 other fabs to go to .15um. I'm waiting for Maria to make the claim that the earnings estimates dont matter anymore..