I told you before I already OWN NXPI. The IOT is big enough for MU and NXPI as well as AAPL and FB which I own also. I'm very content with my Tech investments, thank you.
Still waiting on $10.50 little kitty and how are those Puts doing today Putz! I'm surprised you're not golfing again. :)
Yep you've been saying this for awhile now so I'm sure your word is good as gold. Where is that money flowing to now donut?
Did your buddy denny tell you that? I bet it was that money flow thing right. Now let's talk about those Puts and btw MU did hit your $12 handle today but probably not in the time frame you expected.
Maybe this is the reason the Inotera acquisition was put on the back burner. Maybe a leverage play by MU to force Inotera to sweeten the deal.
Actually I posted something about Micron and the Internet of Things over a month ago so they have been working on this for awhile and maybe they wanted to get past the bad last Q which everyone expected and announce this on it's own merit. I like the results so far.
Keep your eye on the prize and ignore the low life noise!
by rjmcbear • Jun 8, 2016 11:44 AM Remove
The Internet of Things
This is one of the biggest technology trends of the next decade. It could influence almost every household item we use in the next 10 years or so. Thermostats, house alarms, coffee makers: all those items are likely going to be WiFi-enabled soon.
What that means is that they have to be fitted with the type of microprocessors we normally find in smartphones and tablets. Naturally, that means additional business for companies like Micron. It could easily become a large portion of their business within the next few years. That would mean that MU stock’s share price could surge to its previous levels of $20.00, $30.00, or even $40.00.
Although the Internet of Things could send MU stock skyrocketing in the medium-term, it isn’t likely to have an impact this week.
Microprocessor stocks had two ways to survive the bloodbath of 2015. The first is mergers, but Micron didn’t take that path. Sure, it paid $3.2 billion for the remainder of Inotera’s DRAM division, but that was far less than what other microprocessor companies did. Micron took the “road less travelled” by deciding that it could best prepare for the future by innovating.
Believe it or not, that was pretty far down the list of priorities for most players in the industry—but not Micron. The company’s management understood that not all segments of the industry were facing oversupply issues. If Micron got an early foothold in some of those segments, then MU stock would be poised for massive growth.
That’s why it was so encouraging to see Micron announce a breakthrough last year. The company invented a chip that, according to reliable sources, is 1,000 times faster than anything we’ve ever seen.
If Micron really has developed a “superchip,” then it could become the hottest supplier to electronics manufacturers. No consumer-facing company would risk falling behind in the speed and efficiency of their devices, so it would be a natural shift toward the best technology. That is Micron’s endgame.
That's not what you said a couple of weeks ago donut.
denny.dozen • Jun 24, 2016 12:11 PM
Shareholders brace for the $32MM charge to retire
35%of the debt they no longer need. So, including the initial fees and costs to secure financing and now the $32MM charge to repay a portion of that debt it appears this boondoggle will hit shareholders for more than $50MM and have NOTHING to show for it.............
Hey Sybil you are confusing me this morning.
MICRON JUST BROKE WALL OF 12.50 now 12.52
by piyush.bhakta • 36 minutes ago
this is huge news.
MU up 72 cents to 12.45 ON TSINGHUA news
by piyush.bhakta • 59 minutes ago
this is huge. MICRON RALLYING
MICRON up to 12.35 or 60 cents on TSINGHUA news
by piyush.bhakta • 1 hour 20 minutes ago
MICRON surging up wards on bellweather news
MU up 55 cent to 12.28 at the OPEN on TSINGHUA and XMC news for MICRON
by piyush.bhakta • 1 hour 21 minutes ago
MICRON surging on partnership by TSINGHUA
WDC up huge in after hours, also MORGAN STANLEY bullish on MU - 3D NAND
by piyush.bhakta • 18 hours ago
Western Digital 3D-NAND surging in AFTER HOURS , good for MICRON SHARES tomorrow.
X-Files stuff right donut. I have to admit though you seem to be the board expert in all things dealing with fantasy. I'm surprised you aren't talking about that $32 million charge for cancelling of debt today. Have you checked in on your kitty cat yet?
"That possible bright spot in NAND, I would note, appears to be helping NAND chip maker Micron Technology , whose stock is up 71 cents, or 6%, at $12.44. Also helping both Western and Micron is probably Samsung Electronics‘s report overnight of a profit outlook that is the best in two years, lifted in part by NAND prices."
Take your meds and adjust that tin foil hat of yours because big brother is watching! I hear Mulder and Scully want to talk to you as well.
It's up because of there announcement of the launch of the new SLC NAND Flash not some rumor.
Micron Technology Launches SLC NAND Flash For IoT, Automotive
Micron Technology, Inc.
Thursday announced the launch of SLC NAND Flash optimized for the next generation of Internet of Things and automotive applications. The company noted that the second generation Serial NAND and fifth generation parallel SLC NAND offers reliability, read & program performance, ease of design and advanced security features. The embedded solutions is intended to power the performance for the connected home, wearables and the connected car
Gartner projects the IoT endpoint hardware and services market will rise to a $3.5 trillion industry by 2020.
, product line director of NAND flash for Micron's Embedded Business Unit said, "The new SLC NAND Flash technology enable a new category of embedded applications that need reliable, high-performance, low pin count and secure4 memory for code and low density data storage."