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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (30740)	3/19/1998 1:57:00 AM
From: AHale	Read Replies (1) \| Respond to of 53903

Now that MU has posted a 2Q operating loss of over .40, it's a good time to reflect on some of the analysts' recent predictions: 1-21-98 CS First Boston lifts rating to "buy" from "hold" and forecasts higher DRAM prices. Also sees net for fiscal 98 (ending August 31) at +.26 share and climbing to $1.23 for fiscal 99. That same day, Paine Weber joins the party and upgrades from "neutral" to "buy." MU goes up $2 to $32.125. 1-28-98 NB Montgomery Securities raises 1999 earnings estimates from +.75 to +$2.00. MU goes up 2 15/16 to 35 5/16. 2-26-98 Lehman Bros. forecasts 2Q loss of .24; 3Q loss of .18 and 4Q loss of .12. 3-3-98 Kurlak predicts operating loss of .44 Seems pretty obvious who is on top of the game this time.