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Technology Stocks : Micron Only Forum
MU 237.94-0.2%Nov 7 9:30 AM EST

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To: Return to Sender who wrote (53616)3/22/2002 10:10:27 AM
From: Chas  Read Replies (1) of 53903
 
I think Micron has been very careful with their earnings and news timing.
Now that the earnings are over, then the Hynix MOU hopefully will be announced soon. That has been dragging on for a long time but, I think it's really this MOU that will lead to be such a good long term move for Micron. There are so many positive things that will benefit Micron and their shareholders with this deal, my humble opinion.
It may not be apparent at first but being number 1 in the memory market will give Micron the leadership control they have strived for and pricing stability the market desparately needs will now happen. That means a much more positive outlook for their stock price I think, but not overnight but 12 months, 18 months from now.
I think Hynix acquisition will help Micron with China marketshare, graphics share, and more.
good trading.
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