Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ohkami who wrote (53547)	2/8/2002 9:00:39 AM
From: Ted Downs	Respond to of 53903

7:29AM Micron Tech upped at ABN AMRO (MU) 33.86: ABN AMRO upgrades to BUY from Hold due to a dramatically improved outlook for the DRAM mkt; after DRAM shipments posted their sharpest two-quarter increase on record in 2H01, demand caught up with supply at the end of the year; firm believes the supply/demand balance in DRAM will remain "snug" into 2003. Raises FY02 est to $0.09 from a loss of $0.94 and raises FY03 est to $2.84 from $1.50.

To: Ohkami who wrote (53547)	2/10/2002 5:49:28 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 53903

I think that Micron made a rare blunder when acquiring the Toshiba operations. Toshiba is a pretty big user of DRAM, and as part of taking the VA facilities of Toshiba's hand, MU should have signed an exclusive long range supply with Toshiba (at variable prices depending on spot market conditions). Now Toshiba is simply going out shopping, and it seems that Nanya is providing quite a lot of what they need. An unusual "gaffe", IMHO, from Appleton and company, which usually squeezes the last drop of blood from any deal. Zeev