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To: Tim McCormick who wrote (27969)	2/7/1998 7:21:00 PM
From: John Graybill	Respond to of 53903

BTW, Robbers & Stealers and Montgomery Securities were in on the big debt offering along with Goldman, so look for shenanigans from those guys too.

To: Tim McCormick who wrote (27969)	2/8/1998 2:03:00 AM
From: Skeeter Bug	Respond to of 53903

>>Ever notice how MU values their inventory at the average market price for the quarter? And not the quarter end value? I look for these guys to change their accounting procedure to using quarter end value the first time it is higher than the average.<< tim, you are good ;-) micron will be contacting you ;-) funny thing is, i thought the xlnx dolt investors were dumb. after 18 months their eps declined yet was trading at a 40-45 pe. wy? management said next q will be great for 6 whole qs. but, they did learn after 6 qs. mu investors aren't even as bright as those dim bulbs.