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To: Skeeter Bug who wrote (40396)10/26/1998 11:08:00 PM
From: phbolton  Read Replies (2) | Respond to of 53903
 
Skeets and Carl: MU's average cost per bit just skyrocketed when they acquired the TXN facilities and agreements. The SEC filing states that MU HAS TO BUY all of the output of the cooperative facilities that meets MU's quality standards (but is mute about the pricing arrangement). Its also pretty clear that the Italy fab is not a "low cost producer". Someday MU may get these sites up to Boise standards but right now they are not.