Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (54662)	11/17/2011 10:07:40 AM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) of 95572

Micron upgraded to Outperform at Oppenheimer; tgt $8 9:05 AM ET 11/17/11 \| Briefing.com Oppenheimer upgrades MU to Outperform from Perform and sets target price at $8 saying they expect MU shares to go higher since the overhang of the Rambus lawsuit has been lifted. Firm notes Micron would have been on the hook for up to $12 bln ($4B sought by RMBS, automatic 3x damages in California). While an appeal is to be expected in 2012, several factors look good: 1) Massive DRAM production cuts in the industry, very little new capacity coming on line; 2) Market NAND bit growth now getting dialed down to 65-75% from 75-85%.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next