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

To: Carl R. who wrote (44273)	3/25/1999 12:41:00 AM
From: Tim McCormick	Read Replies (3) \| Respond to of 53903

CC Notes Refused to answer current pricing question specifically. Currently 15% .18mu, project majority .18mu by fiscal YE. Project low double digit bit growth sequentially for next 3 or 4 Qts. International ops. projected majority .21mu by YE. Sales were 70% contract, 30% spot. Refused to answer proportion of bit growth from bottleneck blast. Customer mbit per system was flat Q to Q. ASPs were flat Q to Q. 1.1B capex in 99 Current market share about 20% range. TXN ops. adding 30% to wafer starts. Niles did not ask a question. Osha at MER was only one to offer congratulations. No question from Hickey. Tone of Appleton and Bidard was defensive and tentative relative to past calls. Tone was much better when there were no more questions, heard laugh. <g>

To: Carl R. who wrote (44273)	3/25/1999 12:51:00 AM
From: IceShark	Respond to of 53903

Well Carl, tell Dan Niles to sue me. -g- The combination of events and striking accuracy of the numbers in two separate cases, as well as the current state of affairs between companies and the Street, I'll go with Ockham's Razor. Hey, if you read my posts I made money on these two so I'm not whining about lost money. And I have done forecasts before, so I've got an idea how to pull things together. I just think the preferred disclosure and dissemination of information has gotten all out of hand and "special" people are finding out about it and trading on it. A decade ago that was called insider trading, and guys got fined or went to jail, if caught. And on reflection, one would have to trade in and out pretty quick with that insider info now days 'cause this manic market tends to forget facts mighty fast. -g- Regards, Ice

To: Carl R. who wrote (44273)	3/25/1999 2:35:00 AM
From: Thomas G. Busillo	Read Replies (1) \| Respond to of 53903

Carl, I know there are analysts out there who work like hell and bust their asses to do a good job, who build up the same networks you're talking about to get at the truth. But when I read in a 2-23-99 SBN piece that "the Boise, Idaho, memory maker has privately told analysts that production shot up at a 50% bit-growth rate in the company's last fiscal quarter, ended Feb. 28, compared to the previous three-month period"... ...and I see that on 3-1-99 Niles' number is 50%... ...and then I read on ZDII this morning that "Micron has been telling analysts that its bit production rose more than 60 percent sequentially in the second quarter." ...and I notice that in the span of 21 days his number shot from 50% to 65%... ...and I see that this is also a guy who despite flat-out nailing the numbers in Monday's report somehow miraculously cannot get a historical gross profit figure to be consistent across two consecutive pages of that same report... ...while by no means conclusive, there is a logical inference that may be drawn there. You don't have to draw that inference. I'm not one of the aforementioned analysts out there busting their tails, but I empathize with them. I can only imagine how they must feel to put in the kind of effort you refer to only to witness what occurred over the last several days. I'm also REALLY glad that stupid "Professional Edge" E*Trade trial of mine is due to expire soon <g> Good trading, Tom