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Technology Stocks : Micron Only Forum

MU 201.36

-10.9%

3:59 PM EST

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To: Fabeyes who wrote (42945)	2/11/1999 4:57:00 PM
From: Skeeter Bug	Read Replies (2) of 53903

12:36 ET Micron Technology (MU) 68 1/16 +2 1/6 (+3%): Needham & Co says disparity between Q1 press release and company's 10-Q filing leads firm to reconfigure its model and lower revenue and earnings estimates; says DRAM market shares estimates cited by management appear widely high of reality (less than 10%, not 18%); believes than goal of 25% by year-end is implausible; Needham believes stock overvalued based on earnings prospects and continues to rate stock a "sell."

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