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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: DJBEINO who wrote (9042)12/21/2000 12:00:52 PM
From: DJBEINO  Read Replies (1) of 9582
 
Micron Tech (MU) 31 3/8 +1 9/16: Merrill Lynch reiterates NT BUY rating and price target of $70. Says MU continues to consolidate its leadership in the DRAM business and that supply in 2001 will be insufficient to create a sustained pricing crisis in DRAM. However, firm does lower their estimates for August 2001 from $3.37 to $2.86 - most of the adjustment comes from a reduction in their February 2001 quarter estimate.
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