When Zhone+Corning Announce the first Major Customer or Government Contract, this stock will spike.
Yahoo finance shows $4 PT. This stock should be at July CEO announcement price or higher. This company in much better position for optical growth than it was 4.5 months ago!
Watching for further partnerships and new customer sales. Sleepy skeptics will be caught flat-footed based on what this CEO has done in the several previous companies.
This news reported by Seeking Alpha site:
DRAM Contract Prices Increase In October Despite New Capacity Announcements: Good For Micron
Oct. 20, 2014 11:02 AM ET
•DRAMeXchange announced the settlement of October DRAM contracts, up 2.3% from September.
•Apple’s DRAM demand is expected to reach 25% of the total DRAM market in 2015.
•Micron is well positioned to take advantage of the continuing strength in the DRAM market.
The average price for 4GB DRAM contracts increased to $32.75 from $31.98 during the first half of October1.
US Economic Indicators Jumped higher and on an uptrend
Factory Index in Philadelphia Orders Rose, Hiring Plans rose at strongest since 1993
Retail technology leader Best Buy beat and raised Christmas outlook to rosy expectation
Intel beat, raised cash dividend, raised 2015 outlook, reported PC Cap Ex Corporations spending is better than expected.
Months of SNDK stock has rested in a flat spot....This is due for a breakout higher
Article on Koch Industries' buyout of Oplink indicated this is a new trend begun of Big-Rich-Corporations buying Cheap-Tech companies especially in this space. Is this Big Fish eating Little Fish a new trend? Is Koch on an acquisitions binge of cheap desirable technology ?
When a huge private company does this there is no stock discussion thread to talk about it and seems less scruitinized than when public companies do their acquisitions purchases.
Consumer Wages were Salaries Up 0.8% reported by Bloomberg News. This is the healthiest pay increase in 6 years and 4 months.
Bolsters Consumer Shopping and shows the underlying US economy is gaining strength for the next gear.
Zhone Balance of Power technical indicator which indicates Institutional Buying (Don Worden TC2000 tool) shows that Institutional Buying turned positive for Institutional Accumulation November 10-Currently.
The last time Institutional BOP was positive for Zhone was August 19-Sept 18 when its stock price was $3.15-$3.60.
This is Bullish Divergence for the stock, as the technical indication of Institutional buying selling is stronger than the stock price.
They have no answer for clear buy signals -- they deny reality that the richest man in the world bought AMD, they pettyfog the issue pretending the ultra-rich investors are not market-makers, they get hostile at reality. Shorts cannot handle the truth!
Europe GDP Beat... CSCO beat..AFOP Issued dividend.. Energy Abundant production lowers price for consumers who are using more gas... Consumer Expectations beat.
MU bounce begun with healing in green begun INTC HPQ CSCO SNDK SOXX SNE etc and many t
Agreed. Wall Street hypnotized by BABA FB TWTR begun to regain their brain to notice upcoming growth situations ramping.
CEO beginning to deliver deals...
A number of research firms have recently commented on MU.
Analysts at RBC Capital raised their price target on shares of Micron Technology from $41.00 to $42.00 in a research note on Tuesday, October 28th. They now have an "outperform" rating on the stock.
Separately, analysts at Needham & Company LLC reiterated a "positive" rating on shares of Micron Technology in a research note on Monday, October 27th.
Finally, analysts at Pacific Crest upgraded shares of Micron Technology from a "sector perform" rating to an "outperform" rating in a research note on Monday, October 20th. They now have a $37.00 price target on the stock,
Piper Jaffray says its recent channel checks indicate that stronger than expected demand for DDR4 is not specific to Samsung. Piper thinks 20% of Micron's DRAM bits could be DDR4 by the second half of 2015, which it believes could drive 10c-15c of earnings upside to its current estimates. The firm remains positive on Micron shares with an Overweight rating and $43 price target.
Was thinking similarly history suggests that Corning will gobble them up...Corning+ZHNE developing business relationship...Corning dominates in markets they play. Buy the little guy and fund the heck out of them by cross-synergies from Corning parent's business. Sounds like a marriage made in Heaven.
Zhone CEO in previous companies I believe did business with the eventual acquirer. For example I one company he turned upwardly I read was then SOLD to Cisco who was involved with their business activity.
This CEO says almost nothing....then swings big Marketing deals. He seems to be a get-it-done kind of guy. If he still has his grow-the-company then sell-it-for-big-profit MOJO then this will go much higher.
This announced at Corning GLW news on yahoo finance. ZHNE tying in with the big volume parners to sell all Fiber Networks to Large Enterprise Corporations.
Corning is the main producer of gorilla glass in all of the world's tablets, so they always Go Big.
Congratulations to the New CEO and this "Go Big" winning company.
Can see how he recovered successfully then sold at much higher price several previous telecom tech companies.
Sentiment: Strong Buy
Charts Above Triple Top Breaking Out Include: SP500...Nasdaq100 NDX--X... Nasdaq High Tech Index IXCO-X...Nasdaq Composite COMPQX...DJ20 Transports.....DJ30 Dow Jones Industrial Average
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