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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: scott_jiminez who wrote (3920)	7/9/2002 3:38:24 PM
From: Gottfried	Read Replies (1) \| Respond to of 95480

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. from briefing.com

To: scott_jiminez who wrote (3920)	7/9/2002 4:36:47 PM
From: The Ox	Read Replies (2) \| Respond to of 95480

You completely missed the point of my post. In no way was I blaming the market's performance on analysts or their calls. I was pointing out that the ML analyst made a call to lower their rating AFTER the stocks had dropped by 33%. They had a strong buy on AMAT while the stock was substantially higher and AFTER a significant drop, they have decided that it's not such a good buy after all!!! Nothing new here, just thought it was worth pointing this fact out. That's all! I'm not sure why you choose to direct your tirade at me as I have been pretty bearish for quite a while now and my posts on SI should substantiate this. As far as the US stock market is concerned, the DOW hasn't come down nearly enough to satisfy this "investor".