>> It still does not explain the increase in inventories and despite a higher rate of capex relative to last year << What's amazing is MU misses revenue estimates and they did it w/out a warning... They still lost money so what's the difference if you lose $0.10 or $0.05 they're imaginary numbers anyway... How many more sneeky petes are out there that will miss, but not warn??? I know MU is/has always lost money, but Mr. Market has a way of knowing these things in advance (earnings)... Just look at the Nas chart over the last 10 weeks... Buy the fact??? Or smash the trash???