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To: Carl Held who wrote (41845)1/4/1999 3:16:00 PM
From: Carl R.  Respond to of 53903
 
Thanks for the inventory summaries. In the 4th quarter conference call MU stated that inventories were unusually low, and since the 1st quarter also includes TI it is pretty clear that MU's inventories are still at an unusually low level based on its history and is down 25% from a year earlier.

Carl