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Technology Stocks : Semi Equipment Analysis

SOXX 328.78

+2.9%

Jan 9 4:00 PM EST

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To: Gottfried who wrote (27063)	11/22/2005 10:48:26 AM
From: Donald Wennerstrom	Read Replies (1) of 95703

I think this is a good bit of the reason. <<NEW YORK (Dow Jones)--Merrill Lynch upgraded Micron Technology Inc. (MU) to buy from neutral because of the long-anticipated announcement to form a joint company with Intel Corp. (INTC). The broker said under the terms of the agreement, Micron will be the majority owner of a venture that will provide both companies with NAND flash memory. Merrill added that "near-term confusion about what happens next is an opportunity.">>

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