Micron Technology, Inc. (MU)

ironsheep (57.53) Submitted: 4/14/07 6:47 PM : Start Price: $11.31 MU Score: -37.70

There is a long-term trend in place driving up demand for NAND flash and DRAM products. New iPods, ultra-portable laptops, high-end cell phones, and embedded electronic devices all look poised to leverage these technologies like never before. Recent pricing pressures have led to a devaluation of this stock - and rightly so. However, the bears have gone too far, punishing a company excessively for a temporary trend completely outside its control, while management has been actively reducing overhead in the meantime.

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