Well indeed thank dogs. Cause that's where I still want to rabbit hunt...there where I used to. The old city garbage dump...There's so many rabbits still there. They now call it the Mike and Ron's HQ but those rabbits won't get away in the long run. It'll son be a small animal farm and then...why I get to hunt the rabbits there in the desert, once again. Kind of reminds me of that so kind TT bar across the street from Dell's place in Round Rock. Was once so appealing but is now so sofistikatred and unkind.
Because Sandisk has a solid supply contract with Big customers and would not look at disreputable suppliers such as Micron as an acquisition for an option to expand. It would mostly be talking to Tashiba, the inventor of flash memory, for options in expanding its supply. That strategy would be much cheaper and more scalable.
So although you decided to post this message to a Micron message board the audience should not assume that it had anything to do with MU? Tell me where we went wrong in ASSuming this message you posted to this MU message board had anything to do with MU? BTW I'll be on here much more since my crops are now harvested and I'm beginning to sit cozy till March. I like looking at logic above all and loath BS.
Oh sorry but it did look like you were offering and I've never sold anything short.
And I've just gutted a goat and read its gall bladder. It slowly revealed to me that you've been swallowing too much of Jeffy's cream and your feeling that. Fight it, fight it, oh no! You're about to upchuck Jeffry's cream! What to do...what to do...So go to the toilet and then put your face into the nearest sink.
You really expect with all the new memory technology coming on board that a smart company like Apple would look at Micron. Why I'd expect that they would only look at it to prove a lesson.
I do know that Elpida was once BANKRUPT a short time ago and that noone else sincerely wanted to touch taking on its acquisition because it was bleeding so badly. But now someone has taken control over two Japanese fabs that will continue to bleed money if the BOJ does continually intervene to make the yen worthless and continue to be an American parasite, making it a mid and longterm liability to Micron. And Micron is continuing at this moment to lay off American employees since the Japanese law all but prohibits it from getting rid of Japanese workers. Any other questions? I'll be more than happy to field them about a company that sold out initial American technology provided by taxpayer support, with no new technology and the same old level of execution and now wants to go Asian in order to make its execs wealthy provided by amazing stories told to the stock analysts--that's where Micron's energy and focus is, not on its operations.
Why would you ASSume that this company would ever be worth $20/share? Afterall, Micron neither controls the price for their products nor determines demand.
GD. You should be so ashamed...Apple purchases little Micron DRAM and mostly Samsung and Hynix as seen on Apple's purchaser supply list where they determine Micron to be a low tier supplier with Elpida just a bit higher on the list. And what Apple does purchase, it will come from contracts that provide unsubstantial margins to the commodity memory provider--yes they have that much muscle. For those who are new, Apple was Micron's sole customer until May 1985, when Micron decided to burn Apple while going for Wintel maker contracts and Apple has not been too warm to Micron since due to numerous hostile business maneuvers.
In other words... Great PR, but there's still no execution after over a decade now. Just a company that's still in business on Samsung's behalf.
So far the restructuring may look good, but look further back at others (like Quimonda to buy back Ovonics) not leave a good track record. Also remember that the current CEO did announce he was leaving before Applehead's death. And the employees were excited about acquiring Elpida but are now seeing the light since 1,500 more jobs were lost here not there (those darned Japanese laws that pretty much prohibit layoffs) and are fearing more domestic job reductions after buying a bankrupt endeavor.
Micron spends a lot of time and energy at stock analyst meetings so that the stock option holders (predominately execs) can cash in on their options. Funny, but when I was once employed there, I had a difficult time getting ahold of some figureheads in order to amongst other things to make exec decisions and sign contracts, but now I usually see one or another roaming around the grocery store at any time of day. I also not-fondly remember one time when contract for a photoresist supplier set on the CEO's desk for almost half a year because he was off playing in Australia.
You truly need to go peruse some of Micron's financial statements. 4B cash? When--eight years ago? MU could now be barely considered solvent if they paid their current liabilities. Elpida was barely profitable and if the yen gains in value again Elpida will be negatively affected (current history says they once went bankrupt). And Elpida isn't much more than 3,000 personnel in Hiroshima that does indeed have semi equipment that depreciates.
Hey, someone with a mind. Forgive me but I'm wriggling here after reading so much fantasy BS here that I may not be able to read your actual financial data.