Micron Technology, Inc. (MU)

Never made money off of this one

This stock is a bloated pig with terrible management. Anyone who has extensively researched this company and in turn owns its stock is an idiot. Short term may play out well, but look for this company to fall apart before 2010.

is comming up

You can't sell a commodity for less than what it costs you to make it. Company is burning thru its cash at the rate of about 100 million a month and it has a little over a billion left.

This is just a wild guess but the way things have been going for them in the last 5 years I honestly don't see them coming out of this for awhile. I do own this stock and wish I sold it then. Now it is not even worth the trouble so I am in for the long run.

Because I have stock with them that is not worth selling it has become a long term investment. I am optimistic they will someday find something that takes it back up but do not know when that will happen.

tech. co. to much compition

The market for high tech is stretched too thin and margins are low. Consumers appetite for any toys is at a low so can't see these guys recovering anytime soon.

fast money big decliner in tech

Mu has historically been an extremely cyclical holding. The past 18 months the losses incurred by Mu will be very difficult to recover. I don't see recovery happening anytime soon until upper management is restructured or replaced.

"Micron has missed expectations twice during the past four quarters." Charles Rotblut, Zacks.com

Personal perception is that MUs current leadership doesn't have what it takes to change the company. Historicaly they promise the moon, and deliver star dust. Micron's socio-political responsibility is nothing short of a joke in light of its lay-offs, answerability of corporate strategy to its employees and investors, and its on-again off-again dealings with China. If your looking for a stock loss tax write-off, invest with MU!

1. Continually dropping ASP's
2. Increased operational costs - capital investment for next generation memory chips (NAND flash)

Long term this is a strong company though - possible acquisition target for - Private Equity

Flash memory prices are going down.

A great company in a volatile industry. They will overcome in time.

This stock has to fall further before it will become attractive. MU is doing a lot of investing and has a great deal of cash. It's future should be bright, just not at this price ($11.51.)

Memory stocks are very high and stock is a decline will continue for about 30% more loss befor a rebound.

Analyst downgrades.