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


To: Fabeyes who wrote (45453)4/29/1999 12:14:00 PM
From: phbolton  Read Replies (2) | Respond to of 53903
 
Fab: I agree that Lehi would bring less than $100 mil and essentially be a $700+ mil writeoff, and that MUEI would only go for $12 a share or so. I did say "a few bucks".

I am still suspicious of the interlinks that existed between Lehi, Micron construction, MUEI, MU, Simplot's other firms etc. But now that Micron construction is gone we will never know. Not that there was much chance under any circumstances. Lehi always seemed to be too expensive, in an implausible location (where would they find any employees?) and too stupid for it not to be some kind of boondoggle.