Regardless of whether they like it or not, ea Co will refresh when they can wait no longer and the majority of large co's are still intel based platforms. Been there, done that.
I agree "MU will be a nice trading stock from around $28 to maybe $32 or $33". I MU has been a dog this past year and especially agree it's been "dead money" for me. But I don't see anything wrong trading this now between the $28 - $32 until the next cycle ("second half" or "back half") or just sit tight Long and wait for it. Either way, MU's not a terrible stock to own right now. I've waited too long to just sell now to trade something else 'better'. My money's tied up and I'm reasonably content.
Hey ducati, could you put into a few words what VG's "new direction " is?
We can all agree PC sales have declined because of mobile but that's a different issue. Yes, MSFT desktop OS's have sucked since XP but they're still the biggest game in town for the Intel platform which has still gotta be over 50% of desktop platforms world wide. Yes the AAPL side of the house has captivated mobile going forward. But again, the point of my Topic was not individual pc user preferences but rather what larger Fortune 500 Co waiting for the next platform before refreshing. I'm talking Boeing, IBM, Intel, etc., not small potato users...
Tried copying in my usual chart but Yahoo keeps deleting it. Essentially all the semis are up today. Yipee!
Kg2931 (Long & Strong 2K shrs MU @ $24.92 held patiently since 3/5/14)
But if you had to on your desktops, why would you not upgrade to windows 10? (I'm on a home desktop with windows 7 as well)
And the point of my topic is geared more to the commercial business refresh not individual users.
The problem with Cramer's Mar 16th comment on this (which just mentions MU along with other stocks with pc exposure) is that it discounts the upcoming Corporate Windows 10 refresh coming just around the bend. No doubt all of the fortune 500 co's budget is posturing for this. As soon as MSFT makes it available, pc sales will start rebounding and MU's in the sweet spot. Go Long MU!
Kg2931 (Long 2K shrs MU @ $24.92 held patiently since 3/5/14)
I'd do the same if I wasn't already fully invested in MU Long. MU's short term predicament may likely last past the Apr 2nd 2Q (which is for the Qtr ending Feb 2015) and may not START turning around until 3Q. But that's what I'm presented with. I'm all in for now. thx kg.
On the other hand, these recent words from SA writer Russ Fischer concern me:
"I have an even more severe outlook for earnings than Phred, and see low 20s for the stock. I'm a little less certain of a solid 2nd half, maybe a good 2016 with 3D NAND. "
At least Russ acknowledges the "2nd half" being better...
cheetah, I'm just now starting to believe in MU's next cycle (second half or back half) and thinking now's the time to start taking a position long again. Sure you can wait until south of 27 but I doubt that comes. What say you? Anything positive on that idea? kg
Question(Opinions please): Just how much is this week's announcement/news on the launch of VG's two new products: VideoConnect and ChannelSphere have on the stock price going up this week?
How good is that! The market has tamed since. But anytime VG hits new highs like this it's bound to propel it higher long term. Thanks to VG's recent positive news/articles. Especially bringing attn to VG beating ER estimates consistently and predicted to do it again this next Qtr Apr 29th! And thanks to Yellen yesterday holding off again. Go VG! Come on $5.22! Geez, I might even get 10 cents after waiting 5 yrs which will beat interest had I left the money in a savings acct!!! (I'm not being Sarcastic, this would be wonderful for me!)
kg2931 (10K shrs VG @ $5.22 ($52,207.25) Long since 4/28/11)
thx quorum. This is consistent with most of the news we're reading lately pointing to MU doing better the second half of this year into next year.
I think the article(news) was focused on the following from Baupost Group. But your right, it's not news if if happened back in January...
"The company expects favorable market conditions for its products in 2015. It will be characterized by strong demand for NAND and DRAM and constrained DRAM supply. However, the company expects the output growth in its NAND and DRAM products to lag the industry growth.