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Politics : Ask Michael Burke

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To: michel petit who wrote (81300)5/30/2000 3:28:00 PM
From: gnuman  Read Replies (3) of 132070
 
Re: Why are MU,INTC and RMBS up so much today?
Dan Niles
Watched him on CNBC today. Bullish on INTC, MU, AMD CPQ, DELL and GTW.
Set INTC target to $175. See's PC prices flattening this year resulting in good revenue growth for the box makers.
Also quoted on ZDII interactive:

"Micron is our best investment idea in the computer hardware space," Niles said in a research note. "We believe that Micron currently is approaching 25 percent market share and can earn nearly five times as much money at the peak of this cycle, leading to a stock price that could be four to five times higher as well."

zdii.com
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