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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: Stoctrash who wrote (621)5/15/2001 9:26:58 AM
From: John Pitera   of 1063
 
BCA reduces estimates on MU per the soft DRAM you have been talking about.....

09:06 ET Micron Tech (MU) 40.70: Banc of America Sec reduces estimates as the decline in DRAM prices continues unabated; believe industrywide inventories have ticked up due to a slowdown in motherboard shipments, and are currently about 6-8 weeks. Firm lowers May quarter estimate from ($0.12) to ($0.31). Consensus Street estimate much higher at ($0.01).
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