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

To: DavidG who wrote (32740)	5/2/1998 4:53:00 PM
From: Patrick Koehler	Read Replies (1) \| Respond to of 53903

David, I can't post to myself, so here is my follow up post. All - This is a summary of MU history and financial data, for the fundamentalists, with sources. This is in response to misleading data from Skeeter. First, the financials since 1985, then followed by the company history, primarily dealing with megabit production. Year Revs Net (all in millions) 1985 75 NM 1986 48 d34 1987 91 d23 1988 301 98 1989 446 106 1990 333 5 1991 425 5 1992 506 7 1993 828 104 1994 1629 401 1995 2952 844 1996 3654 332 1997 3516 594 source: S&P, Moody's, and www.dailystocks.com A brief history of MU is as follows, and the source is micron.com Micron was founded in Oct 1978. In 1981, MU completed construction of its first fab, and began production of 65k DRAM, and shipped the first production in Oct 82. In 83, MU completed the first shrink of it's 64k die, and was subsequently shrnk several times. The fab also converted from 4" to 5" wafers. In 84, MU went public with 2.1mil shares, symbol DRAM. MU built a 2nd fab plant. In 85, foreign competitors began dumping DRAMs, selling them for as low as $0.25. Eleven US manufacters exited the DRAM business. Micron filed a 64K DRAM anti-dumping petition. In 87, MU introduced the 1 Meg DRAM. In 88, MU completed Fab III, and went to 6 inch wafers. In 89, MU and IBM signed a cross-licensing tech agreement. MU is licensed to use IBM process technology and 4 Meg design developed by IBM. Micron also signed an agreement with SANYO Electric, giving exclusive dist. rights in Japan for all MU component products. In the fall of 1991, Micron began the transition to the 4 Meg DRAM, and produced its first 16 Meg DRAM wafer. In Apr 92, MU files an anti-dumping petition for 1 Meg chips from Korea. In Sept 92, the Commerce Dept agreed. In Jun 93, MU announced a patent cross-license agreement with Golstar Electron Co., Ltd. In Aug 93, MU began Phase II of a manufacturing expansion, including a 138,000 sq ft and 60k sq ft bldgs. In Feb 94, MU announced a tentative patent cross-license with Hyundai Electronics. In Oct 94, MU and ZEOS (now part of MUEI) executed a merger agreement. In Nov 94, MU announced the availability of engineering samples of its 64 Meg DRAM in 16 Meg x 4 Meg organization. In Apr 95, ZEOS merger completed. In Jun 95, MU announced its new web site. In Jul 95, MU broke ground on Lehi, Utah site. In Feb 96, MU announced its plans not to outfit or equip the Lehi plant until market conditions warrant. In Jun 96, MU announced the launch of the MicroStamp. In Sept 96, MU announced an alliance to name Mitsui master distributor of MicroStamp products in Japan. In Dec 96, MU announced the availability of samples of 16 Meg Sych DRAM. In Jan 97, MU announced production volumes of 40ns, 256k x 16 EDO DRAMs were available for graphics apps. In Feb 97, MU announced the filing of an anti-dumping petition on SRAMs.

To: DavidG who wrote (32740)	5/2/1998 9:42:00 PM
From: AHale	Read Replies (1) \| Respond to of 53903

You are pathetic. I have apparently hit a nerve with you. Too bad. Your recent comments are shameful and only confirm that you like to talk about things that you know little about, especially if you find them threatening. As to Mr. Hickey, that are not many hustlers I know that have been in the tech business as long as him, that get quoted in the New York Times, Barrons, and Wall Street Journal as much as him, and that outperform the market as much as him. If you knew anything about him or his newsletter you would also know that he is actually a long-time tech BULL, but has become extremely cautious as of late. You would also know that MU has been discussed almost every month, in detail. Mr. Hickey does not need to hype some short position to sell newsletters. I don't even know why I waste my time with your sorry ass, and from now on I won't. See ya when MU is in the teens.

To: DavidG who wrote (32740)	5/2/1998 10:15:00 PM
From: Chas	Read Replies (1) \| Respond to of 53903

DavidG, I read your post and your statement I included below that you made is so true. I have followed that same basic strategy since the 25th of Feb, made an excellent return and not one loss,(I did get nervous on one trade and cut out at $12 profit.) If I can set a reasonable profit goal,and hit it then I sell, no matter what., but if you wait, MU just comes back and erases those gains so fast, so be a short term trader on MU anyway, and be on the right side. Right now I may not be, this time, so it may be my turn in the barrel, you wont catch me holding this wet bag of puts til expiration. Good trading.... Sell those Puts and Leaps when you see a profit and buy them back at a cheaper price another day. Then maybe you'll make money on MU. Buying Puts and holding on to them til expiration is a suckers game. God, even Skeeter, with the help of Pat, figured that one out:- <i/>

To: DavidG who wrote (32740)	5/7/1998 9:24:00 PM
From: Mike M2	Read Replies (4) \| Respond to of 53903

David, Fred Hickey is not your typical newsletter writer. To the best of my knowledge his only form of advertising is word of mouth. I heard about him through Mike Burke - a man for whom many SI regulars have great respect even if you disagree with his style. While your comments about newsletter writers are often true this is certainly not the case with Fred Hickey. The numbers mentioned by A Hale were in his April newsletter "over a ten year period from 1984b to 1993 Micron earned a total of $1.41 per share or 0.14 on avg." I am very confident in the accuracy of his factual data. You can request a free sample by writing him . I do not want to give the appearance of soliciting for fred so email me if you would like his address. Mike