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To: Skeeter Bug who wrote (35261)	6/18/1998 4:30:00 PM
From: ratan lal	Read Replies (2) \| Respond to of 53903

Skeets - Selling against the box is not allowed anymore - ratan

To: Skeeter Bug who wrote (35261)	6/18/1998 4:34:00 PM
From: pat pasquale	Read Replies (1) \| Respond to of 53903

Sbug; error in earnings announcement.. is this great time for confusion or what....... they still are NOT making money....what was ASP, what is going forward...... the only thing they got was debt financing and i still doesn't change the outlook pp

To: Skeeter Bug who wrote (35261)	6/18/1998 5:01:00 PM
From: Lazlo Pierce	Read Replies (1) \| Respond to of 53903

Skeeter<<losing x on y chips isn't improved by losing 2x on 2y chips. txn must have been desperate to pay mu $800 million for mu "toilet paper." this mass hysteria that has everyone believing this glut will be over in 3-6 months must still be in effect.>> **************************************** That is my thought exactly. Maybe at some point in the future it'll be profitable. As for the near-mid term, seems to me TXN wanted out so badly, they basically gave it away. I would ask myself why? Because this biz is inherently unstable, and at best marginally profitible. TXN knew it would always be a drag on their books, so they were willing to take MU shares which might turn out OK, but also might turn out to be big losers. They assumed debt from a company with a below grade Moody's rating. I bet TXN is feeling pretty smug right now, and I bet their stock will rise above the nice move the market gave it today. We'll see. Dave