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


To: John Graybill who wrote (43774)3/13/1999 2:30:00 PM
From: Fabeyes  Read Replies (1) | Respond to of 53903
 
>>Earnings this quarter includes a one-time gain of one billion dollars from the sale of 28 million shares of Micron stock." >>>

This is very likely going to happen. TI stock holders will rejoice, MU's will be wondering what happened to the stock.



To: John Graybill who wrote (43774)3/13/1999 7:49:00 PM
From: IceShark  Read Replies (1) | Respond to of 53903
 
John, I have no knowledge whether TXN/INTC have sold forward. I doubt INTC has because they are trying to keep the Rambus memory fiasco from falling off the cliff into oblivion. I think it is at the bottom of the Mariana Trench, though. -g-

TXN is another matter and I would start hedging if I thought we were at a top rather than getting into a tough spot. Remember the last time we had a big hedge? That was when Simplot got his nutz in a vise and did a deal with that Cannuk bank. We hit 17 bucks as those guys unloaded. However, I don't know exactly what restrictions on hedging are in place in the current agreements.

Regards, Ice



To: John Graybill who wrote (43774)3/13/1999 11:16:00 PM
From: yard_man  Read Replies (1) | Respond to of 53903
 
You are scaring me on INTC -- I wouldn't blame them for making a good business decision (gosh they need a few after the PIII bugaboo), but I was kind of hoping that their results wouldn't get some silly boost like this ...