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Technology Stocks : Micron Only Forum
MU 224.54+0.3%3:59 PM EST
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To: DavidG who wrote (42729)2/3/1999 7:54:00 PM
From: DJBEINO  Read Replies (4) of 53903
 
Micron Technology (MU) said it's meeting targets to get manufacturing costs below $6 on its 0.21-micron microprocessor in its Boise plant. In addition, the company's vice president of corporate affairs, Kipp Bedard, said Micron's looking for 35 percent quarter-over-quarter megabit growth vs. a previously forecast 25 percent. For investors to follow the industry, Bedard recommended they follow capital spending. Capital spending "gives a good frame of reference of what's going to happen six months or a year from now," he said.

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