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Technology Stocks : Micron Sucks! :-) -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (3061)6/18/1998 6:01:00 PM
From: MythMan  Read Replies (2) | Respond to of 3244
 
>>Under the terms of the unusually structured
transaction, Texas Instruments will receive about
28.9 million shares of Micron, plus convertible debt
securities. Micron also will assume about $190
million of government-sponsored debt associated
with TI's Italian memory operations.
In addition to TI's memory assets, Micron will
receive $750 million in financing from TI to facilitate
the deployment of Micron's technology throughout
the business.<<

uh-oh. TI taking some worthless stock. TI really wants out of dram don't they. Look for MU to bounce then tank <g>