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Technology Stocks : Micron Only Forum

MU 223.89

+8.0%

3:59 PM EST

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To: Skeeter Bug who wrote (40957)	11/19/1998 10:59:00 AM
From: Carl Held	Read Replies (2) of 53903

Listen to what others are saying……. Applied said, however, it was too soon to call an end to a slump in the global chip industry. ''Despite some recent favorable developments in the world economy and semiconductor industry, the outlook for our business is uncertain,'' Jim Morgan, the company's chairman and chief executive, said in a statement. The semiconductor industry continues to be impacted by global economic uncertainty and overcapacity in memory chips, HAYWARD, Calif., Nov. 18 (Reuters) - Etec Systems Inc. on Wednesday said that reduced orders from customers in several Asian countries will lead the company to relatively flat revenue growth and lower earnings in fiscal year 1999. CNBC announced today that HP is lowering prices by 12% due to lower priced chips. Trickle down theory. MU will drop…….

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