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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (15161)	4/30/2001 8:57:56 AM
From: wgh613	Respond to of 30051

MU,form Briefing: 08:04 ET Micron Tech (MU) 44.07: CSFB reports that the DRAM market has continued to soften over the last several weeks, with quotes dropping to a new all-time low of about $3.45 late in the week; feels that any duration of spot prices at these levels will find OEMs pushing back on current contracts; sees stock limited to a trading range until substantive and consistent signs of a pick-up in end-markets. Firm continues to rate MU a Hold