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

To: A. A. LaFountain III who wrote (44993)	4/11/1999 4:03:00 PM
From: Skeeter Bug	Respond to of 53903

>>At the right price, this stock has value on more than a short-term basis.<< what price? my view is that mu will be priced right when everyone wishes they were not in dram - not when everyone sees a turn in the next 6 months. appreciate your comments. i, too, think mu is a buy at the right price. however, my price is probably a bit lower than yours ;-) btw, nice point about debt for tier 1 player status. mu did get something for intel's and txn's money ;-) however, leadership is a responsibility, too. no more running at 100% while the koreans run at 60% w/ little impact on pricing...........................

To: A. A. LaFountain III who wrote (44993)	4/11/1999 6:45:00 PM
From: TREND1	Respond to of 53903

Tad Is this still true ? ............................................................... Micron Technology Inc. Reiterated 'Sell' at Needham & Co. Princeton, New Jersey, March 26 (Bloomberg Data) -- Micron Technology Inc. (MU US) was reiterated ''sell'' by analyst A. A. Lafountain III at Needham & Co. The 12-month target price is $30.00 per share. ................................................................ Larry Dudash

To: A. A. LaFountain III who wrote (44993)	4/12/1999 12:12:00 AM
From: Carl R.	Read Replies (3) \| Respond to of 53903

Thanks for a wonderfully objective note. Unlike the forever bears that play here, you have been around long enough to know that the market has peaks in addition to valleys. Now the mystery question is whether or not you, or we, can correctly identify the beginning of the real long term uptrend. And a related question is of course whether the news immediately prior to the beginning of said uptrend will be sufficiently bleak in the short term to make the price attractive. I still hold to my projection of one more severe leg down in the prices this spring, followed by flat to gradually rising prices for the next several years, much like 1986-89. Accordingly I am calling for the price of MU to fall back into the 30's, followed by a rise to 100 within 12 months. Thanks again for a very fair, objective piece, Carl

To: A. A. LaFountain III who wrote (44993)	4/12/1999 9:28:00 PM
From: Thomas G. Busillo	Read Replies (3) \| Respond to of 53903

Tad, what do you make of this? From Niles' report today, the following brief blurb on MU/MUEI: A potential sale of the company would not surprise us given that Micron Technology will find it increasingly difficult to increase share at the major PC OEMs with their majority ownership in Micron Electronics. I'm not interested in the potential sale itself, but his reasoning. Do the purchasers at DELL, CPQ and the like really give as much weight to the MU ownership in MUEI as he seems to be suggesting in the above? Best Regards, Tom