cut its 2001 earnings per share forecast on
to $3.50 from $4.
According to a poll conducted by
First Call/Thomson Financial
, 25 analysts expect earnings of $4.60 a share for 2001, compared with earnings of $2.56 a share for the year ended Aug. 31.
Last week, analysts at
Morgan Stanley Dean Witter
lowered their ratings on Micron Technology.
Shares of Micron Technology were recently up $1.88, or 5.4%, to $36.75, on the
New York Stock Exchange