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


To: Zeev Hed who wrote (23003)10/26/1997 7:20:00 PM
From: Kerry Phineas  Read Replies (1) | Respond to of 53903
 
Zeev, they should have gotten more, especially considering how they pushed the convert through in one night.



To: Zeev Hed who wrote (23003)10/26/1997 9:55:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
>>Skeeter, a lot of your comments are correct, but faulting MU for raising $600 mM
at the top of the market is a folly<<

zeev, they understand when to raise money and they were smart. i NEVER faulted them for that. THE FACT IS MU NEEDED THAT MONEY AND NEEDED IT BADLY.

they did it of necessity. they'll need to raise more going foward. very bad circumstance in this pricing environment.

btw, micron is not stupid. they recognized the idiocy of the market and used it to their advantage.