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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?


To: Joe Master who wrote (28852)12/19/1997 9:43:00 AM
From: Skeeter Bug  Respond to of 55532
 
>>New depreciation coming on line they could easily have just as much old
depreciation (or more) dropping off the books as equipment gets fully depreciated.<<

joe, i'm better than that ;-) mu said that dep and amort would be $620 mil for the year. they already depped and amorted $130 mil this q. that leaves $490 mil or $160 mil a q on avg which is $30 mil more that they depped and amorted the first q.

i wouldn't ignore something that important. savvy and buy mu should not be pronounced in the same sentence. nobody wants a piece of the commodity dram biz now. mu may get bought out, but not for more than $10 and probably not more than $5. jmho.