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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 91.18-4.3%Nov 17 3:59 PM EST

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To: Don Green who wrote (69015)3/23/2001 9:23:44 PM
From: Don Green  Read Replies (2) of 93625
 
Micron Technology expected to report loss
By Jack Robertson, EBN
Mar 23, 2001 (1:06 PM)
URL: ebnews.com

Some analysts believe that Micron Technology Inc. will report a net loss next week after it consolidates pro rata results from its Micron Electronics PC affiliate, which reported a $168 million loss for the quarter ending March 1. Micron is expected to take a one-time charge to cover its pro rata share of the PC company's big loss. Without the one-time charge, the rest of Micron Technology net earnings from operations will be at the break-even point, said Dan Scovel, financial analyst with Needham & Co.

This week Micron said it achieved "a slight operating profit" from semiconductor operations, which account for the overwhelming share of its business.
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