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Technology Stocks : Micron Only Forum
MU 253.17+6.4%3:59 PM EST
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To: Ohkami who wrote (53547)2/8/2002 9:00:39 AM
From: Ted Downs   of 53903
 
7:29AM Micron Tech upped at ABN AMRO (MU) 33.86: ABN AMRO upgrades to BUY from Hold due to a dramatically improved outlook for the DRAM mkt; after DRAM shipments posted their sharpest two-quarter increase on record in 2H01, demand caught up with supply at the end of the year; firm believes the supply/demand balance in DRAM will remain "snug" into 2003. Raises FY02 est to $0.09 from a loss of $0.94 and raises FY03 est to $2.84 from $1.50.
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