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To: cordob who wrote (52747)7/5/2001 10:32:30 AM
From: Skeeter Bug  Respond to of 53903
 
cordob, since you were wrong about micron not burning up cash, why don't you just admit it instead of attacking a secondary issue? your first statement was wrong. at least have the cajones to admit it before going after another issue - even if it is as silly as saying intel's investment in mu was not a gift! ;-)

you are right about intel's donation to mu not being a gift. as i said in my original note (which you failed to quote! ;-), mu diluted their stock to get the money.

money they NEEDED b/c their primary business burns cash so fast!

again, mu has made more money diluting their stock than they have from their core business in the last 6 years! that's not too hard b/c mu burns cash like bob marley burned hemp! maybe mu's core business IS stock for cash. it s/b if it isn't ;-)

i do give you credit for at least showing up after the HUGE err of your original post, though ;-)



To: cordob who wrote (52747)7/12/2001 12:12:32 PM
From: Skeeter Bug  Read Replies (4) | Respond to of 53903
 
cordob, where does all the money go that mu raises? as i predicted, mu is trying to raise another $450 million. why? why? why?

they've received over $2 billion in cold hard cash over the last few years and it continually dwindles away.

in my neighborhood, that is called burning cash. ;-)