Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TREND1 who wrote (28905)	2/24/1998 7:56:00 PM
From: epicure	Read Replies (2) \| Respond to of 53903

Surely these reassigned workers won't help MU's bottom line. Will Mu have a similar press release, dare I say warning?

To: TREND1 who wrote (28905)	2/24/1998 8:35:00 PM
From: johnlea	Read Replies (2) \| Respond to of 53903

here's a few comments for everyone to shoot at. imo, this release is REAL UGLY for mu. - xfering 4,500 workers to mu will increase mu's expense by up to $90 million per quarter. just what they need right now. . . - i think analysts were expecting muei profits to help lessen the inevitable quarterly loss from mu's dram operations. on a diluted basis this isn't going to happen. mu has losses from both of its operations. this looks like a potential "gap down" deal. we'll know tomorrow morning.

To: TREND1 who wrote (28905)	2/24/1998 8:52:00 PM
From: Skeeter Bug	Respond to of 53903

larry, this is horrible news for micron. muei won't bail them out eps wise. in fact, they hurt mu's eps this q. i think rich will be richer for holding onto his shorts. the strength in the computer industry was at least one leg that supported this rally. it is now gone. mu may lose $0.40-$0.50 from OPERATIONS and even more once the charge is allocated. horrible news. horrible news. this game of chicken with reality may end sooner rather than later ;-)

To: TREND1 who wrote (28905)	2/24/1998 9:44:00 PM
From: DavidG	Read Replies (3) \| Respond to of 53903

Larry, Here is a situation where MU sells off and breaks support today prior to a news release (that most of us had no idea was coming out). But I would suggest that given the last 3 days of lousy performance some may have known in advance and kept it from the public until they and their clients can get out before the word hits the street. One might say that F/A foretold this kind of negative news and we should expect a lower price. The T/A might say I saw something negative occuring to the stock performance in recent days and it was demonstrating a reversal in its price. DavidG

To: TREND1 who wrote (28905)	2/24/1998 10:03:00 PM
From: TREND1	Read Replies (2) \| Respond to of 53903

A very good email from Mr. Avery ! In case anyone is considering doing some camping this summer, please note the following public service announcement: ÿÿ In Alaska, tourists are warned to wear tiny bells on their clothing when hiking in bear country. The bells warn away MOST bears. Tourists are also cautioned to watch the ground on the trail, paying particular attention to bear droppings to be alert for the presence of Grizzly Bears. One can tell Grizzly droppings because they have tiny bells in them.

To: TREND1 who wrote (28905)	2/25/1998 7:34:00 AM
From: Jerry Denkera	Read Replies (4) \| Respond to of 53903

Larry--Something rotten in Denmark? I find it very interesting that a BTO computer mail order company would have inventory issues.Every company in the business realizes prices are coming down on all components every day and therefore don't keep much if any inventory to take advavntage of this situation. Is it possible that pressure form the parent to buy flat panel displays and memory for {forecasted}sales that did not materialize cause this inventory problem. Did MU look at the 150million coming in on the sale of the contract mfg unit and figure a way to move it from MUEI's books and put it on MU's books while letting MUEI take a write off and MU showing it as revenue? Will the analyst who follow the company and put their clients in both company have to answer these questions this morning? Am I just being paranoid? Something just does not smell right. Regards Jerry