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: Ted The Technician who wrote (30972)	3/21/1998 1:44:00 PM
From: Mike M2	Read Replies (2) \| Respond to of 53903

Ted, another point to consider is Micron depreciates its equipment at a slower rate than its Korean competitors. i don't have the #s handy perhaps skeeter can chime in. Also consider that impact of technological obsolescence I cannot place a time or dollar figure on it but the useful life of semi equipment can be shortened due to new technology. die shrinks are limited by line widths ( smaller geometires) by the type of photolithography equipment used latest is deep UV -ultra violet. UV has a shorter wavelength than visible light thus you can etch smaller lines. I am not an engineer and don't get to involved with the nuts and bolts of MU so you engineers please correct or clarify what i have said. I do know that Mu is a hurting BODV. Mike

To: Ted The Technician who wrote (30972)	3/21/1998 6:53:00 PM
From: Kerry Phineas	Read Replies (2) \| Respond to of 53903

Ted, I don't think Book Value is a good indicator of downside risk value for MU because they couldn't sell a lot of the equipment on the books at their stated level, but I think you did touch on something interesting. What is the value to MU of all its non-semiconductor parts? If you could add all these together, add to cash, subtract debt, then compare MU's future capital expenditures with earnings, cash, debt, interest, etc. you'd have a better idea of the risks the company faces in the future. ie what is the risk of their going bankrupt? (also I don't know if MU could get MUEI's stock price for the 64% they own.)