Micron Technology Inc. (MU)
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- All Comments on MU
- General Discussion on MU
- Nine Months Later: Some Annual Predictions from the Financial Press [view article]
- 10 Ways the Financial Meltdown Impacts Tech [view article]
- All Quiet on the DRAM Front: Can Micron Survive the War of Attrition? [view article]
- Highly Levered Chip Stocks Sell Off on Refinance Worries [view article]
- Mellow Micron [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Micron Technology, Inc. F4Q08 (Qtr End 08/28/08) Earnings Call Transcript [view article]
- Earnings Preview: Micron Technology [view article]
- Two More Nails in the NAND Coffin? [view article]
- Can't Take a Hint: Micron Proposes $1.1 Billion in Convertible Senior Notes [view article]
- An Overpopulated Solid-State Drive Market Won't Spur Much M&A [view article]
- Nine Ways to Invest in Idaho's Growing Economy [view article]
Recent MU Articles
- 10 Ways the Financial Meltdown Impacts Tech
- Mellow Micron
- Wall Street Breakfast: Must-Know News
- All Quiet on the DRAM Front: Can Micron Survive the War of Attrition?
- Earnings Preview: Micron Technology
- Qimonda: Heading for Insolvency?
- Highly Levered Chip Stocks Sell Off on Refinance Worries
- Nine Months Later: Some Annual Predictions from the Financial Press
- Two More Nails in the NAND Coffin?
- An Overpopulated Solid-State Drive Market Won't Spur Much M&A
- Full List of Articles »
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Wall Street Breakfast: Must-Know News [view article]
With the Fed and our Government eager to hand out money to anyone claiming a problem, I can't understand how the dollar can be so strong against a basket of world currencies! A clear explanation would be appreciated. Certainly the average country can't be in even worse shape than the U.S. Is this a coordinated effort to artificially support the dollar when it should be falling? Replyses
Earnings Preview: Micron Technology [view article]
They will report tomorrow - this is only an analysts opion of what the report may contain ReplyEarnings Preview: Micron Technology [view article]
I cant find anything on what they announced. Anyone have any idea? ReplyEarnings Preview: Micron Technology [view article]
If consolidation occurs, Micron will become a good cash flow company...look, we will always need RAM memory as long as laptops, desktops, servers, cell phones, etc are being churned out everyday. ReplyEarnings Preview: Micron Technology [view article]
Anyone who follows the chip sector knows that a $4 stock today can be an $8 stock tomorrow (well maybe the day after tomorrow). Good article. This is such an interesting time in the market, but especially with all this talk of consolidation ReplyEarnings Preview: Micron Technology [view article]
I don't know why we even care about MU at all. this loser of a stock has been losing money for as long as I can remember. it's a freakin $4 stock. ReplyNine Months Later: Some Annual Predictions from the Financial Press [view article]
I am going back to drunkenly throwing darts at a newspaper. (My monkey got repossessed!) ReplyNine Months Later: Some Annual Predictions from the Financial Press [view article]
Chuck LeBeau's comment is SPAM ReplyNine Months Later: Some Annual Predictions from the Financial Press [view article]
Where is Louis Rukeyser when we need him!He always told the truth about the investment advice record of the big boys:
They are wrong more often than they are right, even in an up market. But that's a truth no one wants to hear. Reply
Nine Months Later: Some Annual Predictions from the Financial Press [view article]
I like what you have to say, and am in full agreement. My thought on investing in SPY and QQQQ is to dollar cost average into these two ETF's. Over the years I feel I will make a better than average return. ReplyNine Months Later: Some Annual Predictions from the Financial Press [view article]
Great article and an always valid point to check performance against the market. Everyone seems to think they are winning until they bother to check the score. ReplyNine Months Later: Some Annual Predictions from the Financial Press [view article]
Avoid Financial Disasters with SmartStopsIn less than a year six widely held financial stocks have cost Buy and Hold investors more than $840 billion dollars. (Yes, that’s “billions” with a “B”).
$840 billion in losses is a number that might even get Warren Buffet’s attention. Think of all the retirement funds and college tuition money that got needlessly flushed down the drain in these few months. It’s a sad scenario but the saddest part is that the investors who lost all these billions could have avoided this disaster by simply using a “SmartStop” trailing exit.
Let’s look at the individual stocks and see what might have happened if some prudent stops were set rather than relying on a “buy and hold”. (You will notice that I did not refer to “buy and hold” as a strategy. It doesn’t qualify to be a strategy – its actually the absence of any intelligent exit strategy.)
Fannie Mae (FNM): The Sept/Oct 2007 high was $68.60 and FNM dropped to a recent low of $6.68. This 97% decline cost investors a total of $66 billion dollars. A SmartStop exit was triggered on Oct. 17, 2007 that would have limited the loss from the peak to less than 10%.
Freddie Mac (FRE): The Sept/Oct 2007 high was $65.88 and in less than 12 months FRE dropped all the way down to a pitiful 36 cents. When Freddie took that leap off the cliff it cost “buy and hold” investors $42 billion dollars. However a SmartStop exit was triggered on Oct. 16, 2007 at a price of $58.05 that might have preserved enough equity to get the grandkids through college.
Lehman Brothers (LEH): The Sept/Oct 2007 high was $66.98 and now they have filed for bankruptcy and the shares recently closed at a value of 21 cents. This painful disaster cost LEH shareholders $46 billion from the referenced high. Where was the SmartStop exit on LEH? It was triggered on Oct. 19th at $57.47 a share. Those funds could have been reinvested and earning money toward a comfortable retirement. Where is all that money now?
American International Group (AIG): The Sept/Oct 2007 high was $70.13 and now the stock is trying to stabilize somewhere below $5 after hitting $3.50. For the unfortunate shareholders who still own AIG that’s a whopping loss of $179 billion (give or take a few dollars). How smart was the SmartStops exit? It was triggered on Oct. 15, 2007 at $66.41 and there have been 28 more SmartStops sell signals since then.
Washington Mutual (WM): The Sept/Oct 2007 high was $39.25 and the SmartStop exit was at $34.30 on Oct. 15th. WM hit a recent low of $1.75; not even enough to buy a Starbucks latte. In less than a year WM shareholders lost more than $63 billion. Maybe if they hold long enough WM will eventually recover. (Although it will require a gain of more than 2000% to make back that 95% loss.)
Bear Stearns (BSC): It’s hard to believe that the Sept/Oct 2007 high for this ancient and respected brokerage firm with over 3 billion shares outstanding was $133.20 a share. Now they are gone and even with the government assisted bailout their unfortunate shareholders have lost more than $440 billion in equity. This one can never recover. That’s $440 billion of hard earned savings that’s now gone forever. (In case you are wondering, the SmartStops exit was at $110.11 on October 24, 2007. There were 17 more SmartStops exit signals prior to the takeover.)
I wonder if the Bear Stearns account executives told their clients that the best way to invest was to buy and hold?
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Nine Months Later: Some Annual Predictions from the Financial Press [view article]
yep - i'm getting spanked - having only invested @ august 1, i've still managed to catch up w/ the rest of the market's hideous downturn by being overly optimistic (and overweight) concerning financials. ReplyTwo More Nails in the NAND Coffin? [view article]
This guy's radar must be turned off. Sandisk only went up 31% on Friday. Talk about timing. ReplyRiley Sued
Can't Take a Hint: Micron Proposes $1.1 Billion in Convertible Senior Notes [view article]
Dozier Internet Law: Ronald J. Riley and Inventored.org SuedDozier Internet Law has filed a lawsuit in the Circuit Court of the County of Henrico, Virginia against Ronald J. Riley and a total of eleven of his businesses and fictitious names. In response to recent legal action by this law firm against Riley, he is attempting to convince the blogosphere that this lawsuit is an attack on his free speech rights. Just the opposite is true. Ronald J. Riley's misconduct includes his attacking bloggers and blog and forum moderators with threats of getting IP addresses of anonymous bloggers and then tracking them down. Ronald J. Riley is not at all what he seems to be.
The Dozier Internet Law lawsuit resulted from a year long investigation of Ronald J. Riley and took us from interviews with Harvard Law School to Nobel Prize Winners. The discoveries about Mr. Riley along the way are troubling, and as he attempts to continue his attacks on his critics, a well rounded understanding of who Mr. Riley is and how he operates will be profoundly revealing and educational.
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