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Technology Stocks : Micron Only Forum
MU 193.24-4.0%10:40 AM EST

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To: zsteve who wrote (46364)6/16/1999 2:16:00 PM
From: zsteve  Read Replies (3) of 53903
 


Wednesday June 16, 1:27 pm Eastern Time
RESEARCH ALERT - Micron Technology upgraded
CHICAGO, June 16 (Reuters) - ABN AMRO said Wednesday it upgraded to buy from outperform its rating for Micron Technology Inc. based on a dramatic slowdown in the price decline of memory chips and prospects that the demand for these chips will increase.

ABN AMRO also said it set a 12-month price target of $60 and an 18-month price target of $100 for Micron Technology's stock.

Shares of Micron Technology were trading up 3 to 46-1/4 in the early afternoon on turnover of almost four million shares.

biz.yahoo.com

what a great research report <g>
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