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To: TREND1 who wrote (30546)3/17/1998 2:34:00 PM
From: DJBEINO  Respond to of 53903
 
Today's Commentary: 03/17/98 (aice)

Market activity for the past 24 hours is focused more on discussion of future prospects for "recovery" versus any real trading or demand. With no change in steadily increasing availabilities, buyers and resellers alike are concerned whether or not DRAM will fall to new 52 weeks lows in the short term. Similarly CPU trading has been limited to select high end P-2 devices as open market prices adjust to April's scheduled changes sooner than usual.



To: TREND1 who wrote (30546)3/17/1998 2:35:00 PM
From: DavidG  Respond to of 53903
 
Larry,

IMO Once MU broke the 33 support it then became the overhead resistance. With every attempt and failure to again break thru 33 makes the 33 level that much more difficult. 30 and 28 3/8 should be the next supports to be tested.

DavidG

PS: I am still waiting for 31 for intraday support to be tested<g>



To: TREND1 who wrote (30546)3/17/1998 3:23:00 PM
From: phbolton  Read Replies (3) | Respond to of 53903
 
email reply from Bedard:
From: Kipp A Bedard <kbedard@micron.com>
Reply-To: kbedard@micron.com
Organization: Micron Technology, Inc.
MIME-Version: 1.0
To: philip bolton <pbolton@mail.wesleyan.edu>
Subject: Re: earnings report

philip bolton wrote:
>
> Dear Kip Bedard:
> I do not understand the origin of the 0.18 gain described in "were
> partially offset in the second quarter of fiscal 1998 by an $0.18 per
> share-diluted (after tax and minority interests) gain on the sale of
> 90% of the Company's contract manufacturing subsidiary". The numbers
> indicate a once time gain from the sale of $157.1 which is 0.747/share
> as near as I can tell. I would appreciate an explanation of this
> apparent discrepancy.
> Thanks
> Philip Bolton

First we only own 64% of MEI and then we have an issue with double
taxation on the sale....hope this helps.

Kipp

** if anyone knows what his reply means please post it **