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Micron Technology Inc. Message Board

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  • coinmaker77 coinmaker77 Jul 28, 2010 12:02 PM Flag

    Buying PC suppliers with forward PE of 4-6 MU, STX, Buy, BUY, BUY


    It won't most companies still have to upgrade from XP to windows 7 and there are more people that need computer overseas that are just get there first computers, How many computers will be needed just in China?

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    • I don't disagree that Windows 7 upgrades will keep demand strong for some time, but that doesn't mean that supply won't outstrip demand -- as always happens in this industry -- and it doesn't account for seasonality. And there is always a risk that demand drops off or disappoints, which would compound the problem. I would wait until forward EPS estimates come down. That's already started for STX and WDC, but I don't think it's over.

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