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Technology Stocks : Micron Only Forum

MU 394.69

+3.1%

Feb 6 9:30 AM EST

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To: DavidG who wrote (29325)	3/4/1998 11:12:00 AM
From: johnlea	Read Replies (3) of 53903

here's what niles said. it's amazing. . . even he states that there could be nearterm weakness. . . but it sure doesn't look like anyone cares. . . 35 7/8 and still chugging. ----------------------------- NEW YORK, March 4 (Reuters) - BancAmerica Robertson Stephens analyst Dan Niles on Wednesday raised his rating on Micron Technology Inc to long-term attractive from market perform. -- Recommended purchasing shares on weakness, with long-term target of $45 per share but warned that over the near term, the shares could fall back below $30 per share on pressure from expected earnings warnings by technology companies before the end of the quarter.

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