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To: gao seng who wrote (35520)6/21/1998 12:06:00 AM
From: Zeev Hed  Respond to of 53903
 
Walter, second thoughts? I doubt it, the deal is inked, and there are usually quite some penalties for reneging a deal. Of course if they decide to buy MU outright, then they may renege all right. I guess Monday will tell us what the story is.

Zeev



To: gao seng who wrote (35520)6/21/1998 2:36:00 AM
From: Skeeter Bug  Respond to of 53903
 
walter, you are kidding, right? ti wouldn't pay $5 billion to increase their losses, right?

actually, selling mu above market value would have been steve applesauces BEST alternative. no takers. duh.... ;-)



To: gao seng who wrote (35520)6/21/1998 11:23:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 53903
 
Walter, Why would they buy MU? Do they need tax losses that desperately? Don't think so. They still hold to the fantasy that the DSP market is a good one, so they sure don't want to get mired down in a second-rate memory co. If you are willing to pay somebody 3/4s of a billion dollars to take your DRAM operation, the odds that you want to get even deeper into the DRAM swamp are pretty low.

MB


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