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To: MR. PANAMA (I am a PLAYER) who wrote (30364)3/16/1998 8:05:00 PM
From: Darth Trader  Read Replies (1) | Respond to of 53903
 
They are quiet about it because it is no surprise
it was too a big surprise to the street.



To: MR. PANAMA (I am a PLAYER) who wrote (30364)3/16/1998 8:07:00 PM
From: Ted The Technician  Read Replies (1) | Respond to of 53903
 
Does anyone out there know why MU claimed on their income
statement $157.1M gain on sale of subsidiary stock and investments?

I notice that MUEI (not MU) is claiming $156.222M gain on sale
of their MCMS subsidiary. Since MU owns 65% of MUEI, does
this allow MU to claim the 100% gain of $157M?

The $157.1M gain of MU divided by diluted number of
shares translates to an extraordinary gain of 0.74.
How did MU translate this to $0.18 gain?

If MUEI drops 50% in price, how will MU's balance sheet /
income statement look like?

Thanks in advance.
Ted The Technician