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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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From: Donald Wennerstrom	12/22/2010 10:42:15 AM
	1 Recommendation Read Replies (2) of 95561

Micron downgraded to Neutral at Avian 9:38 AM ET 12/22/10 \| Briefing.com Avian Securities downgrades MU to Neutral from Positive, saying strength in NAND was not enough to offset the weakness in DDR3 DRAM pricing. While the company will remain in the black when report FQ1, the firm believes they will miss street estimates. They move to a Neutral as they expect EPS to break even in FQ2; sirm sees 30%+ DRAM declines throughout the qtr and don't believe better NAND conditions will be able to offset weakness in DRAM.

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