When is a customer's earnings warning good for a company's stock? When it's blamed on a shortage...


When is a customer's earnings warning good for a company's stock? When it's blamed on a shortage that investors view as a sign of strong demand. NAND flash memory suppliers SanDisk (SNDK +6%) and Micron (MU +4.4%) are jumping in response to OCZ Technology's (OCZ -23.3%) FQ2 warning, which was attributed to a NAND shortage. Apple and Samsung are known to be stockpiling huge quantities of NAND, and a recent Toshiba production cut may have been overkill. (also)

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  • osty
    , contributor
    Comments (24) | Send Message
     
    OCZ has a shortage of NAND flash.Apple and Samsung have a huge supply ready for the seven years of famine.Who is advising the CO?Where is the accountability?Sounds very flimsy.Does Micron have a problem selling its products to OCZ??
    6 Sep 2012, 10:18 AM Reply Like
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