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Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST

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To: Sam who wrote (78890)2/6/2018 9:38:04 AM
From: oldbeachlvr  Read Replies (1) of 95565
 
I ask myself why would MU issue new guidance yesterday? They wanted to support the stock price in the short term. WHY? MU normally does not worry about the day to day movement ion the stock price. I can only think of three reasons why they would want a higher stock price immediately: 1) because they are negotiating an acquisition and plan to use shares for part/all of the price; 2) they are being taken over and negotiating the price; or 3) one of the bond convents require a higher stock price for conversion or to qualify for a call.

I don't know the details of the bonds issues to comment on #3, but I think this option is unlikely. Therefore I hope #2 and worry about #1.
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