ALERT: Miller STRs Down 1% for Q4

SABMiller just announced that Miller Brewing Co.'s fourth quarter (their fiscal Q3) sales-to-retailers were down only 1%, a better than expected number, lead by Miller Lite growth but offset by MGD and Mil Best losses.For the nine months ending December 31, Miller's STR's were down 3.4%. Again, somewhat better than what was previously expected due to a strong last quarter. SABMiller said that shipments were in line with STR's, suggesting even distributor inventories going into 2004.If trends continue, Miller Lite