Warming Up or Cooling Off: Micron Technology

• Report this Comment On July 15, 2009, at 5:02 PM, kpinvest wrote:

  I own a few shares of Micron, I still haven't decided which way it's going to swing. They've consistently lost money over the last 8 reporting periods, and the stock has had a pretty impressive range.

  As they continue to improve on DRAM and NAND technology, one breakthrough could really help out. However, with their competition, AMD, Taiwan Semiconductor, it's just a race to see who can mass produce the most chips for the cheapest cost.

  If you've bought RAM for your computer in the last few years, you've noticed that the chips and speeds have improved. You've probably also noticed that it's cheap now, dirt cheap. Where it used to be several hundred dollars, you can find decent RAM for less than a hundred.

  Warming up or cooling off? I say, hold! lol :)

• Report this Comment On July 15, 2009, at 5:06 PM, kpinvest wrote:

  Oh, and I also wanted to throw in that they still have cash for operations, joint ventures, and still have a ways to go (in my foolish opinion) before they get into serious trouble.

• Report this Comment On July 20, 2009, at 9:08 PM, nostrildamus wrote:

  kpinvest -

  Micron's competition is not AMD (or the spinout manufacturing operation, Globalfoundries) or Taiwan Semiconductor (TSMC)...AMD produces logic chips, TSMC produces logic chips also. Micron makes DRAM and NAND memory. Their competition is Samsung, Toshiba/Sandisk, Elpida, Hynix, and a couple of smaller, barely solvent, players in Taiwan. Micron and Samsung are the only two with decent technology, decent cash flow, and most importantly a strong balance sheet.

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