Goldman Sachs

cut its 2001 earnings per share forecast on

Micron Technology

(MU) - Get Report

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.

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Last week, analysts at

Morgan Stanley Dean Witter

and

PaineWebber

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

.