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 : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?

To: Rodney Lockhart who wrote (2154)	11/21/1997 12:10:00 PM
From: hpeace	Read Replies (1) \| Respond to of 5482

this is casuing the KLIC selloff. Friday November 21, 9:31 am Eastern Time RESEARCH ALERT - Micron Electronics cut NEW YORK, Nov 21 (Reuters) - NationsBank Montgomery Securities said on Friday it cut its rating on shares of Micron Electronics Inc to hold from buy after the company said its first quarter results would be significantly lower. -- Montgomery said the company has disappointed Wall Street during the past three quarters and this announcement was ''the straw that broke the camel's back.'' -- Company sees inventory and price pressures hurting first quarter margins, and sees minimal net income during the first quarter. maybe this more details are on cpq and dell threads.