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


To: Mike M2 who wrote (44386)3/25/1999 9:53:00 PM
From: Doug Meetmer  Read Replies (6) | Respond to of 53903
 
The bottom line is that Micron is the low cost producer, and we are about to see an uptick in PC sales due to the recent release of Pentium 3. Three firms are calling for price targets on MU near or over $100/share. Do people think they pull those numbers out of a hat? Of course Nationsbank slashed estimates today because it is easier for them not to fight the tape. They can easily upward revise those estimates in another month, no harm done to them.

Relax and just watch the muddy waters clear.