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To: Ted The Technician who wrote (30369)3/17/1998 2:00:00 AM
From: Kathleen capps  Respond to of 53903
 
Ted,

MU gets a percentage of MUEI's gains and losses passed through to them equivilent to their percentage holdings. Note that MU financial's are consolidated and show 100% of MUEI's financial's. You have to adjust for the fact that MUEI is a partially owned subsidary.

A decline in MUEI's market price doesn't reflect at all in MU's statements.

Kathleen