Micron Technology (MU)

[realfast95]

Actually the more I thought about it, it makes sense now.

You just half to parse his statements.


demand destruction has occurred because prices -- rose in C2017 by 43% and 14% Y/Y respectively.
The industry has to drive pricing back down to access this demand elasticity


So, instead of using DRAM and NAND, as the product.
You should use Burrito's and Salsa

Chipotle needs to lower their prices so customers come back.

See it makes total sense.


SeekingAlpha article out supporting MU

https://seekingalpha.com/article/4161371-micron-ignore-bears