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Technology Stocks : Dell Technologies Inc.

DELL 138.22

-1.6%

Dec 9 3:59 PM EST

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To: PeterR1700 who wrote (112027)	3/24/1999 11:45:00 PM
From: Mohan Marette	Read Replies (3) of 176387

Could Micron be selling potato chips????Well for one thing they are in Idaho. Peter: Here is a clue if you wanted one,get this; the anal-retentives were predicting a 1 cent loss. ============================ Wednesday March 24, 9:49 pm Eastern Time Micron posts profit as chip revenues jump BOISE, Idaho, March 24 (Reuters) - Memory chip giant Micron Technology (NYSE:MU - news) Inc. posted its first quarterly profit in more than a year Wednesday, beating the expectations of industry analysts as revenues surged. Micron said revenues for its fiscal second quarter rose 34 percent to $1.03 billion from $763 million in the comparable year-earlier period as pricing for the key computer components stabilized and the Boise-based company gained production efficiencies. As a result, the company posted net income of $22 million, or 8 cents a share for the quarter ended March 4, compared with a loss of $51 million, or 24 cents a share, a year earlier. The profit was the first for Micron since the first quarter of fiscal 1998. The net income reported in the latest quarter included a writedown of 3 cents a share to account for the sale of Micron's flat-panel display business......

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