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Technology Stocks : Micron Sucks! :-)
MU 230.24+2.5%Nov 26 3:59 PM EST

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To: MythMan who wrote (1143)1/22/1998 4:32:00 PM
From: IncredibleHult  Read Replies (1) of 3244
 
Pete M,

Well, options finished 1-1 1/8. BTW- hope you guys don't mind
me crashing your thread for a while. The other thread seemed
boring as s***.

IH

This is what the analyst was saying.

We are upgrading the stock to Buy with a target price of
$40.The supply/demand balance in the DRAM market appears to be
changing. Although this process is in its early stages, it
could result in eventual firmer pricing as supply is
constricted and demand remains firm. MU would be the main
beneficiary of such a trend. The company is the low-cost
producer in the world. Finally, its subsidiary, Micron
Electronics (MUEI) may also begin to see improved results due
to a management change.

Price Target Mkt.Value 52-Week
1/16/981 (12 Mo.) Div. Yield (MM) Price Range
$28.625 $40 None $6,271.7 60-22
Annual Prev. Abs. Rel. EBITDA/
EPS EPS P/E P/E Share
8/99E $1.23 NA NA
8/98E 0.26 110.1 519%
8/97A 1.03 27.8 119%
Nov. Feb. May Aug. FY End
1999E $0.24 $0.28 $0.29 $0.42 Aug 31.
1998E 0.04 (0.06) 0.07 0.21
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