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

To: DavidG who wrote (36129)	7/10/1998 1:10:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 53903

Micron Technology Inc. (MU) rose as much as 1 5/16 to 29 13/16 as the chipmaker's benefited from a pickup in demand for dynamic random access memory chips (DRAMs,) said analyst Richard Owens at D.A. Davidson & Co. Investors see evidence of a turnaround in the DRAM market as South Korean chipmakers, particularly Samsung Corp. (0083 KS) and Hyundai Corp. (1176 KS), are cutting back on production because of financial instability in Asia, helping DRAM manufacturers elsewhere, Owens said.