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Politics : Ask Michael Burke

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To: yard_man who wrote (33113)	9/30/1998 5:12:00 PM
From: Broken_Clock	Read Replies (2) of 132070

Joke of the day.... Tuesday September 29, 11:44 am Eastern Time RESEARCH ALERT - Micron ratings reiterated NEW YORK, Sept 29 (Reuters) - Two brokers sent different signals about the stock of Micron Technology Inc. on Tuesday. -- Brown Brothers reiterated its short-term avoid rating on the stock. -- SoundView Technology Group's analyst Scott Randall reiterated his strong buy rating on the stock, and raised his share target price to $38 from $30. -- Randall also raised his earnings estimate for fiscal year 1999 to an 83 cents per share loss from a $1.17 loss. He increased his earnings estimate for fiscal year 2000 to $1.63 per share from $1.44. -- Randall also trimmed his loss forecast for Micron's current fiscal first quarter to 23 cents per share from 31. -- The computer memory chip maker reported a large quarterly loss on Monday of 42 cents a share for its fiscal fourth quarter which ended Sept 3, but the loss was narrower than many Wall Street analysts had expected.

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