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

To: Carl R. who wrote (39557)	10/2/1998 10:37:00 AM
From: Trey McAtee	Read Replies (1) \| Respond to of 53903

carl-- way to belabor the point<G>. look, here is what i am looking at...before you even take depr into account, the company is losing money on ops. THAT is the point, at least as far as skeeter and i are concerned. thats it. what the original poster was trying to say is that depr may be what is keeping the EPS down. while i think it probably is, its not the only thing putting MU in the red. if you are losing money in operations, its a problem. my point with the tax issue is that once you are losing money on ops, the only thing that depr does for you is create a carry forward, which when (and if) you turn profitable again will be helpful. but when you are losing money, before you account for depr, it doesnt make a difference. thanks for the accounting lesson. good luck to all, trey