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

To: Fabeyes who wrote (45877)	5/19/1999 2:54:00 PM
From: phbolton	Read Replies (1) \| Respond to of 53903

email to NY TIMES about paine webber wackiness (you can get a list of email addresses by sending a blank message to staff@nytimes.co --no address for Gretchem M listed, but maybe Tom has it): Leslie Eaton I, for one, would be quite interested in the story behind this news tidbit: 5/18/99 Paine Webber reiterates buy on Micron (MU), lower 99 estimate from $0.87 to $0.13, lower 00 estimate from $4.07 to $1.61 Several questions immediately come to mind (and I'm sure there are many more): Why didn't such a dramatic lowering of earnings estimates lead to a lower rating? Why were the estimates lowered? Was the analyst "guided" by the company? Why were the estimates lowered now and not yesterday or next week? Sincerely