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Technology Stocks : Semi Equipment Analysis
SOXX 296.92+0.1%4:00 PM EST
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To: Sam who wrote (85918)11/16/2020 1:30:30 PM
From: oldbeachlvr1 Recommendation

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Sr K

  Read Replies (2) of 95499
 
Thanks for the reply Sam. When I first saw that MU earnings would be on January 7, instead of the normal December date, I thought something was up. Then when the three investor presentations were announced (https://investors.micron.com/news-releases/news-release-details/micron-technology-announces-upcoming-investor-events-11) and Sanjay will speak on December 1. My thought was that earnings were moved so Sanjay could make a quarterly financial update and not be in the "quiet period" (although the earnings quiet period is somewhat informal and ill-defined).

I would not think that new updated DRAM technology or management speaking at conferences would be a reason for MU to increase over 10% in ten trading sessions. MU today made a 12 month high, and is only about 2 points below an 18 year high.
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