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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (53389)	3/25/1999 6:15:00 PM
From: Knighty Tin	Read Replies (4) \| Respond to of 132070

To All, quick look at Micron Tech: 1. "The company produced 90% more mbits of memory 2Q than 1Q." When the 10Qs are published, we will see if they lied about it again. "The company shipped 75% more Mbits of memory 2Q than 1Q." O.K., am I the only one who had the 90% more production and 75% greater shipments jump out at him? Are they building new warehouses for this junk? 2. Sales up 34% while costs were flat to down? Makes you want to say "hmmmm!" 3. The interest expense is starting to show up in size. It will get worse. 4. Cash continues to disappear, despite the injections from TXN and INTC. 5. Long term debt continues to soar. In general, lousy quarter, but much worse to come. MB