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

To: Knighty Tin who wrote (36349)	7/17/1998 6:26:00 PM
From: johnlea	Read Replies (1) \| Respond to of 53903

<<DJ, But MU will have to spend money to keep their fabs running with the 2000 Bug. 90% of machines failed the test. Wow! And that is money MU does not have now and will have even less of by Jan 1, 2000. Pretty gloomy stuff. >> no problem for mu. they just sell their remaining stake in muei, float another 100 million shares (make that 250 million) of stock, which actually cuts the loss per share in half all by itself, and find another txn to pay them to take over some fabs. the short term results. . . cash goes way up, per share loss goes way down, mfg capacity is expanded, future market share is guaranteed. . . and the stock rushes to a new all-time high without even turning the corner ;-). all said in jest. . . sort of. with mu, you tell me if this is that far fetched from what applesauce could really do.