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

To: Proud_Infidel who wrote (7045)	9/3/2003 2:05:54 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Micron Customers Eye Stronger 2H For Corp Tech Spending Tuesday September 2, 4:01 pm ET By Donna Fuscaldo, Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Micron Technology Inc.'s customers are anticipating a stronger second-half for corporate technology spending than what they had thought a month or two ago, said Kipp Bedard, vice president of corporate affairs. Customers who aren't willing to call a pick up in tech spending publicly are beginning to allocate more memory chips to enterprise type computers, said Bedard at the Smith Barney Technology Conference, which was broadcast on the Internet. Micron makes memory chips used predominantly in computers. According to Bedard, Micron saw strength in the Asia Pacific region throughout August. Europe has also seen strength in the last month or two, said Bedard, noting that demand in both regions were "nice surprises." As for the back-to-school selling season, Bedard said demand has been "pretty decent." He said the memory chip maker has raised prices every two weeks throughout the quarter. The executive noted that Micron expects $1 billion in capital expenditures in its next fiscal year.