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hughmike

hughmike
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  • Micron: Barron's Sees $50 A Share In The Cards [View article]
    with production starting in 2018...., I don't understand what time frame you are investing under.
    Oct 6 11:26 AM | 1 Like Like |Link to Comment
  • Micron: Barron's Sees $50 A Share In The Cards [View article]
    If this actually causes micron to go down, this represents a great buying opportunity. The thought that plant that will not even be finished for another 3 years (assuming everything goes smoothly) should have any affect on microns earnings potential is laughable. We don't even know what new memory technologies might come into the fold between now and then.
    Oct 5 10:07 PM | 5 Likes Like |Link to Comment
  • Micron - A Good Finish To The First Year Of The Rest Of Its Life [View article]
    If it is SSD's I think that makes a lot of sense. This goes back to the idea that we are very near the cross over point between hard drives and SSD's. I wouldn't surprised SanDisk is willing to sacrifice some margin now to significantly boost demand in the not too distant future.
    Sep 27 01:39 AM | Likes Like |Link to Comment
  • Micron - A Good Finish To The First Year Of The Rest Of Its Life [View article]
    RSA,

    While they adjusted Tessera in the non-GAPP portion I don't believe they did that for the gross margin profiles. Also they noted there was still some legacy PCM which dragged the gross margins down. I think if you adjust for those the results will be closer to what you are expecting.
    Sep 25 07:33 PM | 4 Likes Like |Link to Comment
  • Micron - A Good Finish To The First Year Of The Rest Of Its Life [View article]
    It looks like there was STILL some legacy PCM which dragged gross margins down again.
    Sep 25 05:40 PM | Likes Like |Link to Comment
  • Micron - A Good Finish To The First Year Of The Rest Of Its Life [View article]
    http://bit.ly/1tW6Cz9

    I thought this was interesting, first time i've ever seen even a minimal breakdown of the transfer agreement Inotera and micron have in place.
    Sep 22 07:56 PM | 3 Likes Like |Link to Comment
  • Micron - No, The Sky Is Actually Not Falling: Highlights Of The Summer Analyst Conference [View article]
    William,

    Nice article.

    Do you have any thoughts on there target capital structure? It seems odd to me that they are keeping so much excess cash on the books.
    Aug 7 07:57 PM | 1 Like Like |Link to Comment
  • Micron: Some Recent Developments And New Price Targets [View article]
    Is it clear to anyone exactly what samsung is doing? Is this a case where they were expecting a certain bit growth and the technology transitions just went better than they anticipated, or are they actually adding more capacity and/or spending more on capex than previously planned/guided to?
    Jul 31 11:15 AM | Likes Like |Link to Comment
  • AMD Fell Short Of Expectations, So What Now? [View article]
    If AMD were to go under would Intel have any other competition in the CPU space? You have to think that there would be potential anti trust issues, that intel would want to avoid after seeing what happened to Microsoft for the last 10 years. I could see to this leading to Intel actually making an investment in AMD similar to Microsoft making an investment in Apple last decade.
    Jul 18 11:56 AM | Likes Like |Link to Comment
  • My New Micron Price Targets [View article]
    They're required to file it 35 days after the close. I think the timing worked out if they didn't do it today they would have had to do it Monday, which I really doubt anyone in there finance department would want to do.
    Jul 3 02:48 PM | 1 Like Like |Link to Comment
  • My New Micron Price Targets [View article]
    Micron just got an upgrade to their credit rating

    http://bit.ly/1qL7PX0

    You have to think that management will be doing a straight debt offering sometime in the near future based on this and the current interest rate environment we're in.
    Jun 30 05:11 PM | 4 Likes Like |Link to Comment
  • My New Micron Price Targets [View article]
    woah woah woah, I was not talking about the SSD market. Micron management specifically stated in a few of their past presentations that they have been giving up some amount of margin in DRAM, by opting to produce for enterprise instead of PC. I'm not saying that this is that they;re sacrificing a significant amount now, but it seems to me that they think the enterprise DRAM market will allow them to add value to their products and hence improved margins in the future.
    Jun 27 10:08 PM | 2 Likes Like |Link to Comment
  • My New Micron Price Targets [View article]
    When you guys talk about pricing doesn't this also significantly depend on the segment we're talking about? It seems to me that while PC and mobile DRAM remain commodities, DRAM for enterprise, and HPC is becoming more solution based. I'm under the impression this is why Micron has given up potential earnings in the near term in order to gain more market share in these segments, as they believe that they will offer a significantly higher margin in the future.
    Jun 27 05:50 PM | 1 Like Like |Link to Comment
  • Micron Technology: DRAM Dashing Along, NAND More Nuanced [View article]
    No, only the 2031B's are callable in August. The 2032C are not callable until May 2016 and the 2032D until May 2017. The 2033's are not callable until something like 2018. Check last years annual report for more information.
    Jun 15 03:42 PM | 2 Likes Like |Link to Comment
  • Micron: The Best Is Yet To Come [View article]
    Great article I agree with Jaret and Wilson that Q4 guidance will be superb. When you factor in
    1.Unexpected Inotera bit growth
    2.No loss of production due to an earthquake
    3.continued ramping of the 25nm process
    4.intel increased revenue/eps forecasts
    5.normal seasonal factors
    6.continued retirement of the converts
    7.Possible yen weakening

    I cannot see how guidance will be anything but great. We may even see as high as 50% gross margins on DRAM for the 4th quarter.
    Jun 13 08:02 PM | 5 Likes Like |Link to Comment
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