I hate to say this, but I fear that even if MU comes in at expectations, or slightly better, that won't be good enough (look at HWP, MOT, etc.), I hope, though, that since analysts have been lowering their forecasts, that if MU comes out ahead, the EPS estimates for the future will again be raised (thus, giving MU a lower PE ratio), and we might even see an upgrade or two.
My broker is heavy into IMAT. The stock seems to be having a problem moving out of its trading range. I plan to buy it if it ever closes above 3. They got some press about their scanner last week, but their company name wasn't mentioned, so the stock tanked (I can supply some more info if you want it).
As for SSTI, I bought it on its IPO date at 11 3/4...sold last week for 17 1/4. Beware that IPO kind of die for a short while (this stock is back to 13 or 14), but then again, they are in a great growth industry. If you want flash memory though, look at SNDK (I don't own it--yet), they are supposed to be better managed, but more importantly, they have fewer shares outstanding (easier price movement (up or down)).
Lastly, I sold out of CTXS in the morning at 34 3/4 for a good profit, it appears that the exitement doesn't die down over the weekend (see my earlier reply). |