
Micron Recovers From Estimate Cut
Micron Technology (MU) - Get Micron Technology Inc. Report was up 3.9% in late trading, recovering from an early dip. Merrill Lynch cut its 2001 earnings estimate for the memory chipmaker to $1.42 per share from $2.86, saying the company has a backlog of nearly a quarter's worth of inventory.
Scroll to Continue