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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 9:30 AM EST

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To: DavidG who wrote (41686)	12/24/1998 9:29:00 AM
From: Bipin Prasad	Read Replies (2) of 53903

Micron Technology Inc. (MU) 54: --UPDATE-- CS First Boston reiterates "strong buy" on memory chip maker and raises 12-month price target from $65 to $70; Q1 results upside driven by lower-than-expected drag from integrating Texas Instruments operations, though sales were lower than projected; technology road map on track to support 20%-25% sequential bit production growth rates through 1999; raises FY99 EPS from loss of $0.24 to loss of $0.12 and initiates FY00 EPS estimate of $3.10 a share.....

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