Zeev's Turnips - No Politics Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (14258)	12/18/2001 5:16:49 PM
From: Sully-	Read Replies (2) of 99280

Micron Technology has 2nd-qtr loss SAN FRANCISCO, Dec 14 (Reuters) - Micron Technology Inc. (NYSE:MU - news) on Tuesday reported a fiscal second-quarter loss, as the No. 2 memory chipmaker continued to be hurt by plunging prices and a glut in capacity. For the quarter ended Nov. 29, the Boise, Idaho-based company said it had a loss of $265.9 million, or 44 cents a share, compared with year-ago net income of $352.2 million, or 58 cents a share. Sales fell to $423.9 million from $1.57 billion. Micron Technology said the results included $173 million in inventory write-downs. Micron Technology was forecast to report a consensus loss of 39 cents a share, within a range of a loss of 26 cents a share to 75 cents a share, according to an analyst survey byThomson Financial/First Call. Shares of Micron Technology rose $1.11 to $31.81 on the New York Stock Exchange before the report, which came after the close of regular U.S. trading. The stock has fallen 12 percent during the year to date. biz.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next