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

To: Zeev Hed who wrote (18508)	6/21/2001 5:10:32 PM
From: Jdaasoc	Read Replies (1) \| Respond to of 30051

MU numbers are pretty ulgy. I can see Jonathan Joseph taking down all semis tomorrow morning. They were expeced to lose $0.17 john BOISE, Idaho--(BUSINESS WIRE)--June 21, 2001--Micron Technology, Inc. (NYSE:MU - news), today announced an after-tax net loss from continuing operations for the third quarter of $301 million, or $0.50 per diluted share, on $818 million of net sales. The third quarter loss from continuing operations includes a pre-tax inventory write down of approximately $260 million. For the first nine months of fiscal 2001, the Company reported net income from continuing operations of $54 million, or $0.09 per diluted share, on $3,456 million of net sales.