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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: donald sew who wrote (11702)	4/21/1999 2:07:00 PM
From: S. Chiang	Read Replies (1) of 99985

<< Im bored - Im either going to wash dishes or play chess on the YAHOO GAMES website >> Wake up, don! There is something exciting here! Anybody aware of the "news" on MU? Stock has tanked badly last 10 minutes. EDIT: This is probably why it went down so hard! Micron Technology Inc. Cut to L-T 'Attractive' at BancBoston RS Princeton, New Jersey, April 21 (Bloomberg Data) -- Micron Technology Inc. (MU US) was downgraded to long-term ''attractive'' from ''strong buy'' by analyst Daniel T. Niles at BancBoston Robertson Stephens. Niles cut his 1999 est. to 24c from 75c and cut 2000 est. to $1.88 from $3.00. Well, Don, you may go back to finish your chores or chess. The market didn't feel a thing. It even went up after the news came out! SC

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