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$5.77 -0.14 (-2.37%)
7/3/2008 1:00 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 jjayzzone (30.92) Submitted: 5/12/08 5:30 PM : Outperform Start Price: $8.27 MU Score: -20.19

As with another pick of mine, my employer has done work on the expansion of this company. Just last year, Intel and Micron formed IM flash technologies, and to do so, dropped 500 million dollars on the expansion of the facility. When the technology market turns around, so should Micron. This stock may be stagnant for quite a while, but could be a great pick if you can buy, hold, and wait for the turnaround in the Dollar and our economy.

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