•A 13.9% drop in price flags fundamentals which are likely to take the stock substantially lower.
•The whipsaw of 2001, disastrous for long-term holders, has produced reticence preventing share price tracking revenue performance.
•The cyclicality of Micron's markets, and the company's vulnerability to market turns due to inflexible gross and net margin structure, makes this a swing trader's stock.
•Increased competition threatening Micron's market share, and possible ensuing global oversupply, are factors producing a drop-off in share price.
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