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

To: Fabeyes who wrote (41107)	11/27/1998 9:44:00 PM
From: FJB	Read Replies (1) \| Respond to of 53903

Boise, Idaho, Nov. 25 (Bloomberg) -- Micron Technology Inc. Chairman and Chief Executive Steve Appleton felt the bite of slumping memory-chip prices in the company's latest fiscal year: The total value of his pay package fell 80 percent. Micron, the world's No. 2 maker of dynamic random-access memory chips, pays its top executives bonuses based on the company's performance. Micron lost $233.7 million in the year ended Sept. 3, compared with net income of $332.2 million in 1997. Appleton's pay fell to $666,374 from $3.3 million, according to a company filing with the U.S. Securities and Exchange Commission. Message 6572039