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Technology Stocks : Micron Only Forum

MU 236.48

+2.7%

Nov 28 9:30 AM EST

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To: put2rich who wrote (39346)	9/29/1998 12:08:00 PM
From: DJBEINO	Read Replies (2) of 53903

"S&P Reiterates Hold on Micron Technology" personalwealth.com Standard & Poor's equity analyst Brendan McGovern reiterated his 3 STARS (hold) opinion on shares of Micron Technology (NYSE: MU - news) after the company posted a narrower than expected fourth quarter per share loss of $0.42, down from year-earlier earnings per share of $0.33. He says the upside reflected 63% sequential increase in megabits shipped. McGovern notes that MU is executing well in a tough environment, but with recovery prospects still cloudy, he does not recommend adding to positions. Get unbiased opinions on stocks in the news every trading day from S&P STARS Picks and Pans.

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