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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: michel petit who wrote (81300)5/30/2000 3:28:00 PM
From: gnuman  Read Replies (3) | Respond to of 132070
 
Re: Why are MU,INTC and RMBS up so much today?
Dan Niles
Watched him on CNBC today. Bullish on INTC, MU, AMD CPQ, DELL and GTW.
Set INTC target to $175. See's PC prices flattening this year resulting in good revenue growth for the box makers.
Also quoted on ZDII interactive:

"Micron is our best investment idea in the computer hardware space," Niles said in a research note. "We believe that Micron currently is approaching 25 percent market share and can earn nearly five times as much money at the peak of this cycle, leading to a stock price that could be four to five times higher as well."

zdii.com



To: michel petit who wrote (81300)5/31/2000 6:54:00 PM
From: Earlie  Respond to of 132070
 
Michel:

A normal "bounce" following a wicked crunch. Only the "untarnished" can be bought. Fewer and fewer stocks remain untarnished and most of these will have their day beneath the rain clouds sooner or later.

Best, Earlie