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To: pater tenebrarum who wrote (109214)	6/18/2001 3:17:32 PM
From: yard_man	Read Replies (2) \| Respond to of 436258

LOL -- POS gets some analyst flack & INTC cuts prices >>To start, Merrill Lynch analyst Joe Osha has come out cautious on Micron Technology (MU -2.0%) ahead of its earnings report Thursday. The firm is citing channel checks which indicate MU is likely to take an inventory writedown this quarter of $300-$400 million. While some may interpret this as a positive, Merrill Lynch is cautioning investors that writedowns do not create demand where none exists. << >>Intel (NasdaqNM:INTC - news) cut the price of its 800 Mhz Celeron chip by 37 percent to $107 from $170. The Santa Clara, California company cut its 750 Mhz Celeron by 32 percent to $91 from $134, and its 700 Mhz Celeron by 22 percent to $75 from $96. <<