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Technology Stocks : Micron Only Forum
MU 258.46-2.0%Dec 11 3:59 PM EST
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To: Bipin Prasad who started this subject4/30/2001 8:14:30 AM
From: wgh613  Read Replies (1) of 53903
 
From Amateur Traders Thread:

To:Paul A who wrote (8745)
From: keithcray Monday, Apr 30, 2001 8:09 AM
Respond to of 8772

08:04 ET Micron Tech (MU) 44.07: CSFB reports that the DRAM market has continued to soften over the last several weeks, with quotes dropping to a new all-time low of about $3.45 late in the week; feels that any duration of spot prices at these levels will find OEMs pushing back on current contracts; sees stock limited to a trading range until substantive and consistent signs of a pick-up in end-markets. Firm continues to rate MU a Hold.
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