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 : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (1424)	7/9/2002 3:27:08 PM
From: Gottfried	Read Replies (2) \| Respond to of 25522

Brian, MU capex up next year? From briefing... 11:53 am PT Micron: positive comments from Lehman (MU) 21.71 +0.11: Lehman's Dan Niles says that MU was relatively upbeat at their London analyst meeting, saying inventories have now declined to the lower end of a 4-6 week range and pricing is in a range of $2.50-$3.00; Micron is also seeing their OEMs starting to use greater memory configurations as a selling feature again, and as such contracts have some potential to move higher; also, capex is expected to increase to roughly $1.4 bln in FY03 within a prior range of $1.0-$1.5 bln. Reiterates Strong Buy rating and $25 price target.<