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To: yard_man who wrote (35258)	6/18/1998 4:25:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 53903

Its a poolong of TXN assets and money for the benefit of MU

To: yard_man who wrote (35258)	6/18/1998 4:32:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

tippet, the details aren't being announced b/c mu knows they eyes of the world are on them and they want a headline. i'd bet the withheld details aren't that favorable. i'd also bet they accidently just fail to mention them outside of their 10q ;-) this is a joke. txn is not a sugar daddy. they are trying to get rid of their liability, not triple it. short mu against the box. lock in profits. let mu go to $0. so what. cash in shorts for $600 million. btw, this is how the "pros" (oh how i hate to use that word ;-) value dram ops. i wonder how much of a capacity increase it is. if it is 50% then you can value mu's ops at $1.2 billion - not the $4.5 billion the wall sweet dunderheads pay for it today. hey, that is about $6 ;-)

To: yard_man who wrote (35258)	6/18/1998 4:54:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 53903

here's the goods... go2net.newsalert.com this was disasterous. mu has $360 million to use for semi ops. they lost $142 million from ops (computer and semi - loss was all semi, too!) this past q. funny, they mention a $30 million writedown of inventory but not the $67 million income tax provision benefit. HO HO HO HO HO. i hope those toy boy wall sweet types see through that scam. wait until they sell that inventory and lock in further losses. cash down to $708 million. a $200 million drop in 3 months. total liabilities - $1.5 billion. true ops loss was $0.67 (sorry, master bater, not $0.69 ;-). that takes out the tax benefit and the inventory write down as we know that isn't real money ;-) but, hey, i give the best of all scenarios and it is still a disaster. so, that ton of cash will last 2 qs before it is zeroed out. with cash like that who needs a business to lose it! ;-) well, the txn deal muddies this up a little. not that much, though.