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$2.46 -0.11 (-4.28%)
11/18/2008 4:00 PM

Micron Technology, Inc. (MU)

CAPS Rating:
***

The Company is a global manufacturer and marketer of semiconductor devices, principally DRAM and NAND Flash memory and CMOS image sensors.

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Avatar jonlanglois (40.21) Submitted: 1/11/08 11:42 AM : Outperform Start Price: $6.30 MU Score: -22.64

MU's fallen hard and fast. While 2008 is going to start off slow, a lot of the bad is priced in already. At least it's in a fairly recession-proof industry. While it might yet drift lower, I like it at .67 price-to-book.

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