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Technology Stocks : Alliance Semiconductor

ALSC 0.810

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (4564)	1/27/1999 10:51:00 AM
From: DJBEINO	of 9582

Micron Technology Inc. (MU) 71 5/8 -1/4: CE Unterberg Towbin reiterates "strong buy" rating on memory chip maker and raises earnings estimates and price target; raises estimates based on yields for 0.21 micron process being better than originally expected, 64Mb spot pricing continuing to average in the $10 range and PC OEMs have accepted contract price increases in January; raises Q2 EPS estimate from loss of $0.09 to net $0.08 a share, FY99 EPS from $0.08 to $0.49 a share, and FY00 EPS from $31.9 to $4.40 a share; raises price target to $110.....

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