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


To: Skeeter Bug who wrote (42285)1/16/1999 1:13:00 PM
From: Kerry Phineas  Respond to of 53903
 
Skeeter, more than $14B. They have something like 260 million shares outstanding. (215M +c.29M in the TXN deal + c. 16M in the INTC deal +3.6M in the Rendition deal= 264M shares). 260M x $71 is $18.7B market cap. Thats about as high as they got during the 1995 runup. Of course the INTC deal is at least 15.8 million shares. (Oh yeah, I don't necessarily think MU is about to crash. Have no clue what MU's about to do.)