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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (77199)	9/27/2017 2:15:53 PM
From: Donald Wennerstrom	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 95560

Wall Street Analysts Ride The Micron Earnings Train 12:17 pm ET September 27, 2017 (Benzinga) Micron Technology, Inc. (NASDAQ: MU) shares jumped 8 percent Wednesday after the company topped market expectations for fiscal fourth-quarter revenue and EPS and issued forward guidance above Wall Street’s expectations. A number of Wall Street analysts weighed in on Micron following the report. Here’s a rundown of what they had to say. Voices From The Street Stifel analyst Kevin Cassidy said investors remain skeptical of Micron given its forward PE ratio of only around 5.0, but the current semiconductor cycle may be different from past cycles. “Importantly, we view 3D NAND Flash and DRAMs as now addressing multiple end markets with a wider variety of feature sets, i.e. less commoditization,” Cassidy wrote. Baird analyst Tristan Gerra said Micron’s gross margins are sustainable throughout 2018, making the stock's depressed valuation compelling for investors. “Micron's continued mix improvement in NAND (easy comp), above-average 3D yields, and corporate initiatives also support a scenario for stable or expanding gross margin over the next several quarters,” Gerra wrote.

To: Donald Wennerstrom who wrote (77199)	9/27/2017 4:30:07 PM
From: Donald Wennerstrom	3 Recommendations Recommended By bigchad Return to Sender Sam Read Replies (1) \| Respond to of 95560

This is an update of the previous S&P-500 sort at 14:00 hours to show how the day ended. MU easily finished at the top of the list. Also, yesterday in MU's conference call, it was stated that cap ex expenditures going forward would be at 7.5B. This was enough to "light a fire" under the big 3 cap ex suppliers, AMAT, LRCX, and KLAC who all finished in the top 5 percentage gains today.