Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

CS First Boston Keeps 'Hold' on Micron Tech

CS First Boston reiterated its hold on Micron Technology (MU).

Analyst Tim Mahon says there's been a continued softening spot prices in the DRAM market in the last several weeks. He sees downward pressure on contracts and thinks any duration of spot prices at these levels will find OEMs pushing back on current contracts. He says if end-market demand remains as soft, he wouldn't be surprised to see DRAM accumulate on producers' shelves again. Until he sees substantive, consistent signs of pick-up in end market demand, Mahon believes the stock will likely be limited to a trading range. He sees $0.33 fiscal 2001 (Aug) EPS and $1.51 fiscal 2002.

blog comments powered by Disqus