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To: phbolton who wrote (40429)10/28/1998 1:00:00 PM
From: Bipin Prasad  Read Replies (1) | Respond to of 53903
 
What kind of flexibility are you looking for in commodity business?

MU management according to our experience always been like that.
They have laggard mentality vs tech leader like INTC. They play
safe, not much flexibility there. That's the way they manage company.
All DRAM companies hit high debt during bottom. That's why MU is
in low 30s than in 60+s.

InSook