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To: Skeeter Bug who wrote (39597)10/3/1998 1:01:00 AM
From: Carl R.  Respond to of 53903
 
Thanks. Between that and the article I have a better idea what the terms are. You are correct that the debt will add some quarterly interest payments, but MU will also save royalty payments, and the savings on the royalty payments almost offsets the interest. The interest will be about $19 million per quarter, and the royalty savings will be about $15 million per quarter. Pretty slick work by MU, I'd have to say. Almost like an interest free loan.

Carl



To: Skeeter Bug who wrote (39597)10/3/1998 12:39:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 53903
 
Skeets, speaking of fraudulent without being illegal, did you notice in that fluff piece in EB that there was no mention of Applesauce getting canned and then rehired 10 days later? <G>

MB


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