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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (9725)	8/3/2001 12:44:50 PM
From: DebtBomb	Respond to of 208838

Micron Tech (MU) 43.25 -1.65 (-3.7%): -- Update -- Banc of America believes that average contact prices for 128 MB DRAM have been hovering around $2 for most of the qtr, well below firm's estimate of $3.50... firm's new est. for 128MM is $2 (from $3.50) and $1.50 (from $3.00) for 64MB... thinks MU could attempt to flush out inventories at qtr end, potentially driving contract and spot prices lower... while expects MU to continue losing money until early 2002, thinks DRAM pricing bottom is near.