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


To: Thomas G. Busillo who wrote (35337)6/18/1998 8:19:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Tom,

I read it as an $800million acquisition for MU stock(28 mil +12 mil convertible) and MU asumes $190 mil in debt.

Now if what they gave Micron is worth $2 or 3 or 4 billion that will make Micron's balance sheet look a lot better than it does right now.

BWTFDIK

DavidG