Micron Technology (MU)

[Stocker1]

You may be right, watching it closely. I did buy today, and will slowly continue to accumulate at these levels as I have powder in reserve for any additional dips, but also I don’t think we will stay here long. Micron stated a share buy back is possible, and while a dividend is not a priority, it’s not off the table. May be 2019 before any decision is made. But by that time it will be too late.

I would expect, and it’s pure speculation, that Micron releases an upbeat forecast in the next few weeks, again after that it may be too late for “Cheapies”

My whole stance is memory for at least the time being, is not a commodity but a stable manufactured product that will continue to be in demand and increase in demand for the foreseeable future. Too many think this is the late 90’s or early 2000’s where memory was a victim of a PC boom or bust cycle. While PC’s are a user, there are way more items using memory, and a lot of it. This is just the beginning, just like PC’s of the mid 90’s, but this market is much, much more diverse and vast.

Again, my opinion. Best of fortune to you.