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

To: phbolton who wrote (52165)	2/1/2001 8:40:34 AM
From: DJBEINO	Respond to of 53903

Micron Tech Reiterated 'Buy' at ABN Amro Princeton, New Jersey, Feb. 1 (Bloomberg Data) -- Micron Technology Inc. (MU US) was reiterated ''buy'' by analyst David Wu at ABN Amro. The 12-month target price is $70.00 per share

To: phbolton who wrote (52165)	2/6/2001 9:50:06 AM
From: DJBEINO	Read Replies (1) \| Respond to of 53903

Merrill Cuts Micron Forecasts On Inventory Issues (MU) (NewsTraders.com)--Merrill Lynch analyst Joe Osha commented Tuesday that his research reveals that Micron Technology (MU) has become "significantly more aggressive" in its push to reduce its DRAM inventory, prompting him to slash his fiscal 2001 earnings and revenue estimates for the semiconductor memory company. Osha lowered his fiscal 2001 EPS estimate to $1.42 from $2.86 and cut his revenue forecast for the year to $6.2 billion from $8.2 billion. Despite the reductions, Osha held his ratings on Micron at intermediate-term "buy" and long-term "accumulate," commenting that he feels a weak spring is already priced into the firm's stock. The analyst added that Micron's market position is unchanged. Micron has nearly a quarter's worth of inventory that it is looking to take off its balance sheet, Osha said. Shares of Micron were recently up $0.37 at $38.65.