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To: Kerry Phineas who wrote (22949)10/25/1997 8:59:00 PM
From: mike iles  Read Replies (2) | Respond to of 53903
 
Kerry, Who was Joel Parkinson and do you know where he went? TIA

regards, Mike



To: Kerry Phineas who wrote (22949)10/26/1997 3:40:00 PM
From: DavidG  Read Replies (2) | Respond to of 53903
 
KERRY,

<< DavidG, what is your background? >>

BSEE and MSCS. Worke on Hardware and Software.

<< How much of a premium does it get, I
wonder? >>

I heard MU gets a 10% premium on spot. But that was a while ago, do not know if it is less now.

<< You also mentioned Appleton's firing being related to his desire to fund further
fabs by issuing stock. That was probably a factor in Joel Parkinson
leaving/getting fired; with Appleton it seems like it was just a silly power play
b/t him and Tyler Lowry/certain members of the board, and that he had the
audacity to sell some stock. >

I understood back then that Appleton was angry with Simplot for giving out inside info to his cronies to buy or sell MU, and Simplot was angry with Appleton for wanting to sell stock to finance projects. Lowry was the snake in the grass standing behind Simplot criticising Appleton and If I remember correctly fabricated something about Appletons problems within the co.( can't remember exactly what it was).

Lowry got him kicked out and became CEO, but then the board got the whole story ...they fired lowry re-hired Appleton and told Simplot to go back to planting potatoes.

I looked for a story on the web but all I could find was the following:

cnnfn.com

Good Luck Trading,

DavidG