Micron Technology Inc. (MU)

All Comments on MU

  • commenter
    Tom B
    Feb 22 09:13 AM
    Under The Radar News - Friday [view article]
    "A new Apple (AAPL) patent describes a large touch-based system designed to be used with both hands simultaneously. Perhaps a competitor to Microsoft's delayed Surface?"

    If so, it probably won't require 5 cameras and won't have the form factor of a coffee table....     Reply
  • commenter
    firboy4
    Feb 02 12:54 PM
    Under The Radar News - Friday [view article]
    I've read much better from Eli. This one didn't really didn't tell me anything new or important. I was hoping for some info on WB that might be helpful in buying or not buying WB on Monday. Reply
  • commenter
    digivision
    Jan 31 09:32 PM
    My Website
    Under The Radar News - Thursday [view article]
    after looking at the asus specs I'd rather get a 5 yo ibook for less(around $200) but more everything..... hd, ram,larger screen, more memory , faster, wireless etc... yup
    Half of the web sites for kids require a fast processor and a celeron 800 mhz is not going to cut it.. if you only want ti to type stuff then there are better choices     Reply
  • commenter
    SA Editor
    Eli Hoffmann
    Jan 31 06:20 PM
    Under The Radar News - Thursday [view article]
    Indeed! Uncanny. Reply
  • commenter
    David
    Jackson
    Jan 31 05:54 PM
    My Website
    Under The Radar News - Thursday [view article]
    The FT article on laptop vendors is uncannily similar to this:
    Asus Eee: Threat to Apple, Microsoft, HP, Dell and the Hard Drive Vendors?
    seekingalpha.com/artic...

    which Seeking Alpha readers got 20 days earlier.
    :-)     Reply
  • commenter
    Tom B
    Jan 31 03:10 PM
    Under The Radar News - Thursday [view article]
    "E*Trade shopping for cash."

    I'm sticking with Etrade as a customer, for now. I hop I don't regret that. If things do head south, maybe BAC or somebody will buy them outright--who knows?     Reply
  • commenter
    Tom B
    Jan 31 03:06 PM
    Under The Radar News - Thursday [view article]
    "Laptop makers mull margins. Sub-$500 laptops from Asus and others are dominating Amazon.com's"

    Right now: 5 Asus; 4 Apple; 1 HP. Looks like the rule is, people either want quality, or a tiny "no worries" device. This might be bullish for the iPod Touch....

    "Fisher begs to differ." Yea! One FOMC-type with sense. Let's make HIM chairman.     Reply
  • commenter
    taojones
    Jan 31 12:33 PM
    Under The Radar News - Thursday [view article]
    mac notebooks and products filled the top 5 sales slots on Amazon this christmas i don't think the sub 500 notebook is in their sights at all (thank god) Reply
  • commenter
    Long-Short
    Guy
    Jan 29 03:19 PM
    Under The Radar News - Tuesday [view article]
    "Cold outlook for Chinese power providers. Heavy snow and sleet have forced 7% of Chinese power plants to shut down, and companies are struggling to secure enough coal to keep plants operating."

    Wonder if lower Chinese output could hit Walmart.     Reply
  • commenter
    All Tech
    Jan 18 11:23 AM
    SanDisk: Risk Down $3, Reward Up $30 [view article]
    Regarding Net Cash per share, user 140904 is correct. You missed a big chunk of cash in the LT Investments line item. As of Sept 30, 2007 Sandisk had $970mm in cash, $1.334Bn in ST Investments, and $1.824Bn in LT Investments for a total of $4.128Bn. Subtracting the $1.25Bn in the convertible (which is not due til 2013 and only pays 1% per annum) you have $2.878Bn in Net Cash or $12.51 in Net Cash / share. At todays stock price of $27 - $12.51 = $14.49 of value for company operations which should produce $2.50-$3.00 in '08 and $3.50-$4.00 in '09. So that gets you a multiple of 5.27x '08 and 3.9x '09 estimates.

    But the best part is that Sandisk will put up another $200mm+ of cash in the just finished Q4 so the actual numbers are even lower and the company as of today has $13.50 in net cash, leaving $13.50 for compay operations or 4.9x '08 and 3.6x '09. Which my friends is pretty damn cheap for the best run company in the fastest growing part of the semiconductor sector and arguable the entire technology sector.     Reply
  • commenter
    reinharden
    Jan 17 12:07 PM
    SanDisk: Risk Down $3, Reward Up $30 [view article]
    > expand NAND demand by several orders of magnitude.

    > Our back-of-the-envelope math gets us roughly 4.5B GB
    > of incremental NAND demand in '09 versus 1 billion GB
    > shipped in '06 and about 2 billion GB shipped in '07.

    Um, going from 2 billion GB in 07 to even 6 billion GB in 09 would represent increasing demand by a factor of 3.

    An order of magnitude requires increasing demand by a factor of 10. Two orders of magnitude would be at least a factor of 100. Several orders of magnitude requires at least a factor of 1000...

    reinharden     Reply
  • commenter
    tessant
    Jan 16 08:00 PM
    My Website
    SanDisk: Risk Down $3, Reward Up $30 [view article]
    Sandisk has taken up many hours of research and ticker watching for me. I cant believe its gotten to this price level. Right here its a no brainer for a long term investment; just dont buy short term calls..

    Scott W
    growthportfolio.ning.c...
    investment social network     Reply
  • commenter
    User 140904
    Jan 16 05:08 PM
    SanDisk: Risk Down $3, Reward Up $30 [view article]
    I think you are wrong regarding cash/share. It's true they have $10 cash per share but they also have $5/share in liquid long term investment, which cancels out with debt, so they still have about $10/share net cash/share. Reply
  • commenter
    rd4sndk
    Jan 16 11:27 AM
    SanDisk: Risk Down $3, Reward Up $30 [view article]
    I'm sorry but you are late to the party as are most analyst and MM. Dispite all of your partificating around nand spot pricing, Sandisk has never been and is currently not dependent to much extent on spot pricing of nand. One need only look at 2006 numbers where you analyst were expecting, for most of that year, for sandisk to report disappointing earnings. Stock price fail based on your flawed understanding of Sandisk business model a value proposition. However, earnings increased 25% while Revenue increase over 75%. Need more proof that you're full of hot air? Look no further than 1Q07 when nand pricing fail 24% during the quarter but Sandisk, unlike other semi providers that report huge losses in their Nand operations, reported inline earnings (excluding impact of mystems acquisition).

    Sandisk global market share expansion and improved cost efficientcies from its latest card assembly plant, increasing average card density is what's currently fueling its top/bottom line growth. Additionally, inventories are low going into the 1Q08 at a time when YoY demand is accellarating.

    Although I agree with some of your reasoning, your inability to evaluate Sandisk as card producer and the only one of its kind leaves me to reject your analysis for investment advise. However, these monkeys that listen to you control the price of the stock and for that reason I appauld your positive although ill imformed opinion.     Reply
  • commenter
    Peter B
    Jan 15 06:18 PM
    Shakespeare on Semiconductors: Sail With the Tide [view article]
    Your quote was misquoted by the old Intersil ("There are tides in the affairs of man...") as an advertisement for DRAMs, at a time when the company was offering an obsolete product line (32k instead of 64k, as I recall). I always thought that any engineer who knew their Shakespeare would find it as funny/sad/ironic as I did, since the company was clearly in the "omitted" group on that product line. Luckily I was working on Analog products, where we were taking the tide. Reply
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