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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (2021)	5/30/2000 8:26:00 PM
From: jhg_in_kc	Read Replies (1) of 30051

Zeev, what do you think of this? Niles called the top in Dell when no one would believe him. He likes Micron even better than Intel. There is a shortage of DRAM which Micron is the leading maker of. This is a smallish company in Boise, IDaho, which Intel owns part of. <<Influential analyst Dan Niles, who moved from Robertson Stephens to Lehman Bros. last week, started coverage on memory component maker Micron Technology (MU: news, msgs) with a "buy" rating, coupled with a year-end price target of $100 a share. See related story. Micron shares popped 3 7/8, or 6.3 percent, to 68 1/2. "Micron is our best investment idea in the computer hardware space," the analyst wrote 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." >>> Ps I have enjoyed your wise posts for some time now. My late fateher was an Aremenian who had to flee the old country because of the turkish genocide and I have enjoyed your stories bout your childhood as well.

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