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Politics : Ask Michael Burke

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To: Earlie who wrote (53350)	3/24/1999 11:26:00 PM
From: Eggolas Moria	Read Replies (1) of 132070

Earlier Wednesday, Wu initiated coverage on Micron with a price target of $100. He estimates Micron will earn 80 cents a share this year, $7 a share next year and $14 a share the year after. "We think DRAMs will be moving into a shortage situation in year 2000," Wu said. "How not to make money when there's a shortage if you are an efficient producer." Micron Technology shares fell in after-hours trading, to 52 from 53 3/8. Gosh, where did I see these estimates before? How long ago??? news from DJ Newswire

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