Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Fabeyes who wrote (44122)	3/22/1999 9:35:00 PM
From: Earlie	Respond to of 53903

Fabeyes: When you take the convertibles into the situation, TXN actually controls over 40.0 million. That's a bunch of stock. To make things worse (for MU), TXN has no choice but to sell as quickly as possible. Imagine if you were a TXN exec. You've already been chastised for giving away too much cash with the deal. If you are even slightly slow in selling this stock, you will be subject to further intense criticism for being stupid and missing an opportunity to get back a part of the cash. Also, there is INTC to worry about. Intel has revenue difficulties that could be masked by a nice sale of MU stock. Finally, there are several other institutional players who would just as soon not be left fighting for room at the exit when two big bruisers are intent on getting out at the same time. There will be a bit of serious selling for sure. Your comments about the Korean yield explosion are on the money. Best, Earlie