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

To: John Graybill who wrote (42648)	2/2/1999 9:41:00 AM
From: Tim McCormick	Read Replies (3) \| Respond to of 53903

NYT article picked up by ZDnet. "Here's a good one: An article in Monday's New York Times said the chipmaker lied last quarter when it reported sales of $428 million when actually had only sold $409.5 million worth of chips. In its company press release, Micron also failed to report a 10 percent decline in megabits shipped. Micron shares are up 50 percent since the December 23 report showed the company had lost only 19 cents a share rather than the expected 28 cents a share. After hitting a 52-week high of 78 7/8 Friday, the stock lost 2 5/8 to close at 75 3/8. It hit a 52-week low of 20 1/16 in June." Tim