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To: Earlie who wrote (44610)	3/30/1999 10:45:00 AM
From: eddie r gammon	Read Replies (1) \| Respond to of 53903

<<Stock prices ignore many things, but they respond to chapter 11 procedures rather well.>> Classic, Earlie, classic (g) erg

To: Earlie who wrote (44610)	3/30/1999 11:40:00 AM
From: phbolton	Read Replies (1) \| Respond to of 53903

Earlie: FWIW Zack's rates MU's book value at about $2/share. This is arrived at using reasonable, standard markdowns for inventory, plant etc. Of course, Lehi alone is $3/share of dead money but this and other specific features are not taken into account by Zack's.

To: Earlie who wrote (44610)	3/30/1999 3:32:00 PM
From: Stefan	Read Replies (2) \| Respond to of 53903

Don't count on it Earlie. Chapter 11 will be considered as a positive for MU and the stock will go to $300. Don't you know? The more company loses the higher the price. This is the new paradigm.<VBG>