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Technology Stocks : Micron Only Forum

MU 354.94

+5.4%

11:31 AM EST

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To: DavidG who wrote (37289)	8/12/1998 1:01:00 AM
From: Skeeter Bug	Read Replies (1) of 53903

dg, i saw that. here is the text - pay attention to the emboldened words... Despite a drop in its share price, analysts are optimisitc about Micron Technologies (MU) future. PaineWebber reiterated its buy rating, and said it forsees a 12-month target price of $40.00 a share. The firm cited strong business conditions, improvements in DRAM unit demand, firmer prices and the aquisition of Texas Instruments' (TXN) memory business for its outlook. Separately, Soundview Investment started coverage of Micron at a short-term "hold" and a long-term "buy." Shares closed down 2 3/8 at 30 3/4. The firm cited strong business conditions The firm cited strong business conditions The firm cited strong business conditions The firm cited strong business conditions say what? i really wish i could get a hit off that pipe... ;-)

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