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Technology Stocks : Micron Only Forum
MU 225.72-3.0%3:59 PM EST

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To: Carl R. who wrote (39322)9/29/1998 2:15:00 AM
From: Carl R.  Read Replies (1) of 53903
 
On the conference call, the analysts seemed mildly positive, but not particularly excited. In particular TK seemed to be looking for negative information to justify his position. He specifically asked if dollar revenue would fall this quarter due to the fact that revenue last quarter was increased due to selling off inventory (the answer was no, sales could still rise depending on pricing).

I don't expect any, or at least not many analysts to change their recommendations based on the conference call. Speculating based on the tone of the conference call in dangerous, though, and I haven't listened to the MU calls for a long time so my impressions could be way off. Perhaps some one else who listens more regularly will care to comment.

Carl
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