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Technology Stocks : Micron Only Forum

MU 226.65

-3.2%

Dec 4 3:59 PM EST

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To: Robert who wrote (43469)	3/4/1999 3:42:00 PM
From: John Graybill	Read Replies (7) of 53903

Gruntal's grunts: 3/4/99 10:43 pm... MICRON TECHNOLOGY (MU 54-7/8) UP 2-1/4, GRUNTAL UPGRADES TO STRONG BUY FROM BUY... Analyst Mona Eraiba tells salesforce believes MU's recent price decline overdone, makes for excellent buying opportunity... Convinced DRAM market in early phase of long-term cyclical recovery that could last 2-3 years... Co.'s production costs dropping rapidly, conversion of TXN's capacity is moving smoothly, MU rapidly expanding its output, capitalizing on current market opportunity... Adds co.'s major Asian competitors still suffering from Asian crisis... Co. rapidly moving toward becoming number-one DRAM supplier in world with lowest cost structure...Raises $65 target to $100./Holloway fast.quote.com Not a number based on a fact anywhere in sight! Soo-ee! Soo-ee! Pig-pig-pig-pig-pig! LMAO!

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