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Non-Tech : Invest / LTD
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To: Lucretius who wrote (1853)8/17/1998 9:13:00 AM
From: SJS  Read Replies (1) of 14427
 
MU...again:
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Growing talk on the street that DRAM prices will continue to firm, due to a reduction in output from Asian firms and the trend in PCs toward increased memory... Chief beneficiary of this development, should it play out according to street's expectations, will be Micron (MU)... Stock gained more than one point on Friday... However, DRAM pricing is extremely volatile and the stock is already trading at more than 25x estimated earnings.
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