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Technology Stocks : Micron Only Forum

MU 242.20

-1.9%

3:59 PM EST

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To: JungleCat who wrote (41606)	12/23/1998 10:14:00 AM
From: DJBEINO	Read Replies (2) of 53903

Micron Technology Inc. (MU) 53 3/8 +7/8: CS First Boston maintains "strong buy" rating on DRAM maker as company ahead of Q1 results; expects narrower than expected Q1 loss of $0.30; outlook should continue to improve on better spot prices for DRAM; with relatively stable pricing, the rapid shift to PC-100 and higher speed memories should allow MU to leverage the DRAM recovery more effectively than any other DRAM supplier; has a 12-month price target of $65..... +++++++++++++++++++++ Intel Corp. (INTC) 119 1/16: Merrill Lynch's Tom Kurlak upgrades leading chip maker from near and long-term "neutral" to "accumulate" with a 12-month price target of $144; also increases its 1999 EPS estimate from $3.60 to $4.25 a share.....

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