To: otter who wrote (2171 ) 11/19/1997 4:18:00 PM From: JMD Read Replies (1) | Respond to
Ray, thank you for your thoughtful response. As I tried to make clear, I am not by any means qualified to opine on TXN retaining or disposing of DRAM. My purpose was simply to invite discussion by those more well versed. Mr. Wuo, for one, seems to think it's an open and shut case which frankly strikes me as a bit simplistic. I would like to find out if retaining a business unit subject to dramatic supply/demand shifts nevertheless makes sense because (a) the peaks are greater than the valleys so on balance it's a winner (b) the critical intellectual capital simply can't be hired and fired on a moment's notice so the company must grin and bear it and hold on through the down times (c) selling a DRAM plant at this juncture would be a blood bath (d) etc. etc. etc. My point obviously is that I have no idea if a, b, c are true or not or if the real answer is d and f. Thought somebody might.
