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Technology Stocks : Semi Equipment Analysis

SOXX 285.23

-3.7%

4:00 PM EST

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To: Donald Wennerstrom who wrote (60948)	8/5/2013 2:45:09 PM
From: Sam	Read Replies (1) of 95596

Don, all analyst numbers for Micron right now are meaningless. I guarantee you that they will beat Q4 estimates handily and that next year estimates will rise handily. The Elpida and Rexchip acquisitions substantially change the internals of the company, and those combined with all of the "Going out of business" signs that have littered the DRAM sector over the past couple of years have substantially changed the landscape of the entire sector. There will be an Analyst Day conference on Friday for 2 hours by Micron. Estimates are likely to go up over the weekend if Micron is forthcoming with Elpida numbers. And they will go up again after their FY year end report in Sept. I have said it before, and I'll repeat it here--it will be a $20+ stock by year end, barring a general market meltdown (which of course is always possible between now and then). JMO, of course.

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