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Technology Stocks : Micron Only Forum

MU 276.28

-0.1%

3:59 PM EST

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To: Brian Fraser who wrote (34826)	6/12/1998 12:50:00 PM
From: mike iles	Read Replies (2) of 53903

Brian, Really doubt if Kurlak will update any time soon, certainly not before the results come out. He's been dead right on this call, the only analyst I know who's been bearish. He's probably waiting for Dan Niles and the rest of the herd to downgrade MU to market perform (I figure that will be in the $10-$15 range) and then he'll look at an upgrade. Would be nice if DRAM showed signs of stabilizing too. Last I heard it was 30% lower than MU's average price for the quarter just ended ... unless this changes, MU's August quarter will be worse than this one (hard to believe that's possible ... it's the sort of thing that makes da bulls go 'whoa ol' hoss ... we gotta do a rethink' regards, Mike

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