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

To: Donald Wennerstrom who wrote (64695)	6/24/2014 1:02:57 PM
From: Donald Wennerstrom	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 95541

Leave it to S&P Capital IQ to maintain a 3 star rating on MU. <<S&P CAPITAL IQ MAINTAINS HOLD RECOMMENDATION ON SHARES OF MICRON TECHNOLOGY INC. 8:58 AM ET 6/24/14 \| S&P Capital IQ MU posts May-Q operating EPS of $0.79 vs. $0.09, beating our $0.67 estimate. Sales rose 72% and fell 3% sequentially to $3.98 billion, better than the $3.88 billion Capital IQ consensus estimate. We think MU continues to benefit from a favorable supply-demand landscape within both the DRAM and NAND flash arenas, which is supporting memory prices. We see further gross margin improvement aided by healthy pricing environment, favorable mix shift to solid state devices as well as ongoing cost reductions. We believe memory manufacturers are being prudent with capital spending plans.