Micron Technology (MU)

[lloyd20]

Here is one concern. "Micron sees Q1 adjusted EPS of $0.20 - $0.26 and revenue of $3.35 - $3.60 billion, versus consensus estimates calling for EPS of $0.38 and revenue of $3.74 billion." These are not impressive numbers. In fact, it is almost a 50% haircut. Micron needs to explain the drop off. Is it a lack of PC sales or what? They still claim to be in good shape for the long pull but guess that doesn't mean this next quarter.