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DRAM contract prices stabilized in the first half of November, claims DRAMeXchange. The firm...

DRAM contract prices stabilized in the first half of November, claims DRAMeXchange. The firm believes prices had fallen 29% since July thanks to less-than-optimal PC industry conditions, and had declined below the cash costs of some manufacturers. Capacity cuts and mobile DRAM demand are helping the trouble industry cope, but there's a good chance losses will persist for Micron (MU +1.7%) and others until PC demand gets at least a little healthier.
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Comments (3)
  • RLDAY
    , contributor
    Comments (34) | Send Message
     
    I'm beginning to think the acquisition of a defunct organization will instead of positively affecting MU, the opposite might occur. To increase sales of a product that's consistently losing does not seem to be in investors best interest. Simply put, they will lose even more.
    19 Nov 2012, 05:24 PM Reply Like
  • Tom Sr
    , contributor
    Comments (280) | Send Message
     
    Bingo! Me too. I keep wondering why this stock (I'm long MU) will recover unless they manage new to develop other products in demand. It's a Morningstar and MLynch/BAC "buy" and S & P "hold" and NOBODY has it "sell". Average target is about 9 bucks....

     

    I'll hold for now but...............
    19 Nov 2012, 06:55 PM Reply Like
  • anomaly1
    , contributor
    Comments (920) | Send Message
     
    Things could get very ugly for MU. Plenty of better tech stocks with less risk.
    21 Nov 2012, 03:49 PM Reply Like
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