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

To: Doug Meetmer who wrote (43423)	3/3/1999 8:34:00 AM
From: william j cap	Read Replies (1) \| Respond to of 53903

Taiwan Semiconductor sees 20 pct rise in '99 sales TAIPEI, March 3 (Reuters) - Taiwan's leading microchip maker, Taiwan Semiconductor Manufacturing Corp , said on Wednesday it expects sales to jump 20 percent in 1999 due to a gradual recovery in the global semiconductor industry. ''Since global wafer foundry production value is expected to grow 20 percent this year, Taiwan Semiconductor should be able to see a 20 percent increase in sales this year,'' chairman Morris Chang was quoted as saying by the firm's spokesman. Taiwan Semiconductor's 1998 sales stood at T$50.2 billion, and a 20 percent rise would mean more than T$60 billion. Chang said semiconductor industry had recovered and dynamic random access memory chips should have the biggest growth of all microchip products.

To: Doug Meetmer who wrote (43423)	3/3/1999 9:39:00 AM
From: Land_Lubber	Respond to of 53903

> Who was the bozo that called Micron his "single best idea for the next two years" with a price target of $200?!!! What idiot said that causing me to buy this dog just before it plummeted?!!!! He should be jailed. There are countries that put you in jail for being an "idiot" -- in the opinion of your "peers." I'm just as glad that this is not one of them. It does make you wonder about his OTHER ideas though! Land_Lubber

To: Doug Meetmer who wrote (43423)	3/3/1999 9:58:00 AM
From: wiz	Respond to of 53903

Doug Wellllll, you're leaving yourself WIDEOPEN here!-g- Did you have previous experience with this analyst? Why believe some shirt on wal street?? Fool me once shame on you, fool me twice... shame on me..put me in that idiot jail-g-

To: Doug Meetmer who wrote (43423)	3/3/1999 10:16:00 AM
From: John Graybill	Respond to of 53903

Doug, a harsh "welcome" to the Bizarro universe of sell-side "analysts" and investing in Micron. The crook in question is Dan Niles of Robertson Stevens (Robbers & Stealers), and you will find a great deal of deserved ridicule of that prediction, his continuing absurd calls, and slipshod research techniques starting here in the thread around mid-December. The day he downgrades MU will be a big day indeed. Don't look for that to happen until MU is in the 20's, though.