Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (51562)	7/5/2000 5:04:17 PM
From: Chas	Read Replies (1) \| Respond to of 53903

Some positive news, Micron Technology Sub Debt On Moody's Review-Upgrade Wednesday, July 5, 2000 09:40 AM Mail this article to a friend NEW YORK -(Dow Jones)- Moody's Investors Service said it placed the long-term ratings of Micron Technology Inc. under review for possible upgrade. Moody's said the review will focus on the impact of the DRAM sector consolidation and "whether it will allow a greater degree of control over the industry's historical extremes, in addition to the sustainability of the ongoing semiconductor upswing and strong demand for memory products that has been driven by the proliferation of computing and communications devices that consume increasing amounts memory such as the company's mainstay DRAM components, as well as SRAM and Flash memory components." Moody's said ratings under review include: issuer rating of Ba3 senior unsecured shelf registration rated (P, news, msgs) Ba3 subordinated shelf registration rated (P, news, msgs) B2 $210 million of junior subordinated noted due 2005 rated B3 (This story was originally published by Dow Jones Newswires) Quote for referenced ticker symbols: MU © 2000 Dow Jones & Company, Inc. All Rights Reserved.