Sterne Agee's Shaw Wu sees Research In Motion (RIMM) and Micron (MU) as diamonds in the rough....

|By:, SA News Editor

Sterne Agee's Shaw Wu sees Research In Motion (RIMM) and Micron (MU) as diamonds in the rough. He expects the former's gross margin and phone selling prices to stabilize, and echoes Goldman's view that DRAM production cuts will bolster the latter. Other beaten-up tech names Wu likes: SGI, EMC, SNDK, CREE, and IM.