| OCR Text |
Show Al0 The Salt Lake 1 ibune UTAH/WORLD Tuesday. January 30, 1996 Micron Stays Mum on auditorium headquarters Though at Micron’s analysts Boise avoided the media. one complained to Appleton during the shareholders Recent Shake-Up question-and-answer session @ Continued from A-1 going to change the way it communicates with us. All we get is piecemeal around All board members werere. information filtering Appleton would only promise elected to new terms When the two-hour meeting broke up, the directors quickly left the room. leaving Appleton to address reporters. Two themes emerged concern. that he andhis investor-relations itive would discuss ways to improve communication with Wall Street Don’t ask me [questions] about ing the computer-chip maker's expansioninto Lehi and at its Boi- se manufacturing facility: Micron is holding opentheoptionofborrowing money to complete expansion, andit may increase the num ber of shares available — from 300,000to 1 million Executives repeated their promise that while the Lehi pro Ject was slowing down, they ex mylimited sabbatical.” Appleton told analysts and shareholders. “I don't intendto respondto them He did say later that, regarding the board fight, it is unrealistic to expect “a group ofstrong leaders Steve Appleton not to express their opinions. We are here, the company is focused doing its ward.” job and moying $$ “Why all the secrecy? Is Micron going to change the wayit communicates with us. All we get is piecemeal for- Analysts worry that such protracted board battles can harm pect to start making chips there byearly next year Appleton said that promise de- pends on m Why all the secrecy? Is Micron the company. Micron is on the downhill side of a boom in the market for dynamic random-ac- t demandat the used to store data in a computer's working space as opposed to its hard disk Chip prices began to fall in Sep- during the next several months. He also said the plant probably would be brought on-line slowly in increments. the first product out of the manu facturing plant early next year It will be the 16-megabyte DRAM hours to eight just came off a record fiscal 1996 Then, the companyfired the five Utah general contractors at the site, putting subsidiary Micron Construction into therole first quarter, but fears about the chip. memory market have loweredthe company’s market value by $15 4-megabyte DRAM. Also, the company’s boardwill At its peak, the site employed 4,600 construction workers: only Micron’s shares grew from $20 a year ago to more than $ March1 It was the recent board-room fracas that attracted most of Mon day's crowd, whichincludedtight lipped Wall Street analysts and bankers. Last year. only 200 attendedthe meetingheld in a small Monday in composite trading in the New York Stock Exchange Micron’s biggest seller is the billion since September 1,500 are expected to remain R VE IL “S ERTIFICATE” GeneCloudsaid he expects that has beenaccelerating with a slowdownin the PC market Micron remains profitable. SeueaeS Icon WALL STREET ANALYST tember, and the downward trend The company. after six months of fast-track construction at the site, recently cut overtimeandreduced two-a-day shifts from 10 by: informationfiltering around.”” cess memory chips, or DRAMs time. which is expected to soften decide, on a quarter-by-quarter basis, whether to pay sharehold- ers a dividend. Someinthe audience — including Simplot — favor September, They closed at 335s a strong dividend; others would rather see that money used for expansion, rather than borrowing money and paying interest Micron’s fabrication facility in Lehi still is scheduledfor comple tion, while most of the remaining structures will be put into moth- The Wall Street Journal con balls. Marketing Vice President tributed to this report. C The Washington Mint Announces the HISTORIC FIRST MINTINGof an Extraordinary Eight Ounce Proof Struck from Pure Silver Bullion-AdvancePrice $149 The Washington Mint announces a limited advance minting of the world’s first 1996 Half-Pound “Silver Certificate The 1996 Half-Pound “Silver Certificate” is a massive piece of pure silver bullion that has a surfave area that exceeds 30 square inches and contains more than EIGHT OUNCES OF PURE SILVER BULLION And NOW, during a limited advance strike period, the VERY FIRST 1996 Half-Pound Silver Certificates” ever struck are available at a special discount price only $149! PRECIOUS SILVER BULLION A century ago, the Government of the United States issued remarkable legal tender notes that the bearer could exchangefor actual silver dollars or silver bullion at the federal treasury The 1996 Half-Pound “Silver Certificate” is a stunningadaptation of the magnificent legal note that the Government issuedin 1896 exactly one hundred years ago, But this exquisite silver proof is actually struck in precious silver bullion! UNPRECEDENTED WEIGHT The Halt-Pound“Silver Certificate” combines unprecedented weight with extraordinary dimension itis a landmark in proof minting. Thespecifications for this colossal medallie proof are unparalleled. Each one «Is Individually Struck from Pure.999 Silver Bullion + Weighs Over One-Half Pound(8 troy ounces) a Surface Area “xceeds 30 Inches 40 grains) of Pure Silver + Is Individually Registered and Numbered And only 25,000 Hall-Pound “Silver Certificates” will be struck for 1996. ADVANCE STRIKE DISCOUNT Thepricefor the 1996 Half-Pound “Silver Certificate” Chinese soldiers Monday participate in a shooting demonstration in Shenzhen. The exercise was for a panel overseeing the handover of Hong Kong to Chinese sovereignty in 1997, China: Ties With U.S. Are ‘Critical’ erosion” in U.S.-Chinarelations @ Continued from A-1 of 3.8 million and are falling in behind China rather than trying face,” said Paul Godwin of the National War College, adding that there has been “incredible One of America’s problems in the region, is that Asian nations are intimidated by Beijing's army to blunt the sole balancer in the region. said Godwin, constantly making Washington look like the bad guy inthe story ‘The ascent of China to being election mayhold a keyto future tensions. President Lee Teng-hui whosetrip to the United States last June infuriated Beijing, Beijing’s projection of power That leaves the United States as ing the nearby tiny Portuguese colony of Macao by 1999, said President Jiang Zemin, and “then Taiwan.” Taiwan's March presidential the major regional power is inev- itable and cannot be stopped said Godwin is running for re-election ‘In the next 15 to 20 years, China is the country we will have to However, he added. U.S. allies inthe regionwereoflittle help to US. interests in a balanced re. THE ASSOCIATED PRESS SAN FRANCISCO — Thecity’s Boardof Supervi gives gay couples the right to a symbolic wedding ceremony, beginning in March n Franciscois once againillustrating that this is a humane, compassionate and equal-opportunity city for all people wholive here,” said Supervisor Carole Migden, sponsor of the proposal The measuremust haveanother reading Monday then becomes law March 21 The civil ceremonies would recognize domestic partnerships, but wouldnot belegal marri They would only solemnize the rights the city has granted gay couples sinceits domestic-partnership law took effect on Valentine's Day in 1991 The measure would not entitle partners to traditional benefits married people get partners visi The 1991 ordinance gives dom tation rights in hospitals, shared alth plans for city employees and bereavement lez e for city employees when a domestic partner dies. Private employers are not required to grant the same bene. fits. Only couples registered as domestic partners in San Francisco wouldbeeligible for the ceremony least 3,000 unmarried couples, most of them alreadyhavefiled for that designation. at a c $35 a couple. Migden expects about 1.000 gay w a a ga HALF-POUND “SILVER CERTIFICATE” WITHIN THE NEXT 10 DAY 4 WILL BE PROCESSED IMMEDIATELY, AND THE EARLIEST ORDERS WILL RECEIVE THE LOWEST REGISTRATION NUMBERS. gional powerstructure. China's neighbors seem to think it’s better to play bandwagon than balancer with China Godwin said. “Thus, Beijing’s perception ofthe UnitedStates as trying to contain China may well berooted in its neighbors’ security logic As a result, Godwinsaid, U.S.relations are becoming ritical and hazardous,” adding that “China's willingness to confront the United Statesis a fore boding precedent Beijing, he said, has been “almost totallyineffective” in allaying fears in a region that sees the PLA as “potent and dangerous instrument of carrying out re- gional wars San Francisco OKs Symbolic Gay Marriages sors unanimously approved a measure Monday that will be set at $175 per proof HOWEVER, IF YOU PLACE YOUR ORDER NOW. YOU CAN ACQUIRE THIS GIANT SILVER PROOF AT THE SPECIAL ADVANCE STRIKE DISCOUNT PRICE— ONLY $149. NOTE TO COLLECTORS: IF YOU PLACE YOUR ORDER FOR THE dings inthefirst year Weddings would be performed by the county clerk, or anyone else deputized by the clerk and could be held anywhere from. City Hall to churches whereclergy members agreeto perform the ceremony San Francisco's effort to recognize long-term homosexual partnerships is at odds with a state effort. The state Assembly is scheduled to study a bill today that would prohibit California from ADDITIONAL DISCOUNTS Substantial additional discounts are available for serious collectors who wish to acquire morethan oneof these exquisitesilver proofs You can order THREE Half-Pound“Silver Certificates” for $399. FIVE Half-Pound “Silver Certificates” for $645 TEN Half-Pound“Silver Certificates” for $1.195 There is a limit of ten Half-Pound “Silver Certificates” per order, and all orders are sub- Ject to aeceptance by The Washii gton Mint, LLC! Total charges for shipping. handling and insurance are limited to $9.50 per order ONLY 25,000 AVAILABLE The Washington Mint will strike only 25.000 Half-Pound “Silver Certificates” for 1996. So oversubseription is a Virtual certainty BEGINNING TODAY, TELEPHONE ORDERS ONLY WILL BE ACCEPTED ON A STRICT FIRST-COME, FIRST-SERVED BASIS ACCORDING TO THE TIME AND DATE OF THE ORDER CUSTOMERS ARE STRONGLY ADVISED TO SECURE THEIR RESERVATIONS IMMEDIATELY BY CALLING TOLL-FREE 1-800-926-MINT Ext. 48821 (24 hours a day, 7 days a week) recognizing same-sex m ges, whether per. formed inside the state or outside — for examplein Hawaii, where gay marriages couldbe legalizednext A major credit card iy necessary to secure your reservation, and The Washington Mint year San Francisco has a large gay population, some- The Washington Mint, LLC™ times estimatedat 10 percent or moreofthe 730,000 Since 1981, The Washington Mint has procuredrare coins, secured bullion and struck medallions for the American numismatic public as an independent private mint, not affiliated with the United States Government. This independence provides the cornerstone for our commitment to excellencein both product and service. and most importantly, it guarantees to our cus- residents, attracted by the city andits liberal politi cal bent The only two othercities that offer civil ceremo nies to domestic partners are Madison, Wis., and New York City, said Robert Bray of the National Gay andLest fask Force in Washi on, D.C Laws that would ban same-gender marriage are either pending or active in South Dakota Alaska, Washington state and Colorado ne was considering one, but its sponsor withdrew the proposal because it became so controversial he said Utah does not recognize same-sex marriages. ith a money-back policy for a full 60 days tomers essential rights and completesatisfaction |
