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Politics : Ask Michael Burke

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To: Michael Bakunin who wrote (62402)	6/16/1999 5:30:00 AM
From: John Graybill	Read Replies (2) of 132070

Here's a decent summary of, and some quotes from, the ML tout: iionline.com As always, ML's take on MU is a howler: Another positive harbinger for the semiconductor industry is an improvement in DRAM pricing. Osha believes that the elimination of excess capacity built between 1993 and 1996 is finally allowing memory prices to firm, which bodes well for Micron Technology (NYSE: MU - Quotes, News, Boards). Osha feels that current capacity additions are being more efficiently targeted, bolstering the outlook for this ultra commodity sector. Looks like Kipp's inventory announcement caught them by surprise.

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