More demand for computer memory could lift Micron shares 50 percent: Barron’s

(Reuters) – Shares of Micron Technology Inc could rise another 50 percent on stronger demand for computer memory, Barron’s financial newspaper said in its latest edition. Micron, a maker of dynamic random access memory, or DRAM, has already seen its stock increase more than five-fold to $ 34 in just two years. But the shares could still rise another 50 percent and yet trade at price-earnings discount to the broad semiconductor group, Barron’s said in its issue dated Oct. 6. …
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