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To: Mike V. who wrote (25420)	12/15/1997 6:45:00 PM
From: davesd	Respond to of 53903

Looks like their ASP was about $4.80 for the quarter...That's how they managed to make a profit. I think they dumped alot of inventory at the begining of the quarter when the price of DRAM was in the mid $5's...and they probably held alot of the chips in inventory towards the end of the quarter when the price dipped into the $3 range. dave

To: Mike V. who wrote (25420)	12/15/1997 6:48:00 PM
From: MR. PANAMA (I am a PLAYER)	Respond to of 53903

GRIM REAPER redefines CW Numbers to include special factors such as asia asia asia asia asia...SCW #'s .02

To: Mike V. who wrote (25420)	12/15/1997 7:09:00 PM
From: IceShark	Respond to of 53903

Mike, "Nothing from CNBC on after hours trading !" This is really not a sign of much of anything since MU doesn't trade much on instinet/selectnet to begin with and it was pretty late in the day when the news came out (now INTC, for example would be a different story). Plus I think the conference call is more important than the reported earnings at the moment. However, if Dave is right about ASPs in the $4.80 range, then MU has a real song and dance ahead to get out of this deep kimshee. -g- Regards, DWW