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Technology Stocks : Micron Only Forum

MU 246.84

+4.2%

Nov 14 9:30 AM EST

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To: Thomas G. Busillo who wrote (43654)	3/11/1999 10:31:00 AM
From: phbolton	Read Replies (2) of 53903

"3/11/99 10:20:16 AM ET Micron Technology (MU) was ahead 1 3/4 to 56 1/2. At a Seattle conference for investors, the company's vice president for corporate affairs told Dow Jones: "From the point where [analysts] were expecting a loss, we ended the quarter with higher shipments." The executive declined to comment on whether or not analysts' earnings estimates were in line." What does this mean? This is not a "preannouncement" of upside. They better have shipments up since prices have dropped more than $1 per 64 Mb in the past month. (should be able to post $67 retail sources today, there seems to be a real price war at the retail level going on.) heh, MU in the red for the day now.

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