jdaasoc...
MU is high on my short list for fundamental reasons. There is huge overcapacity in the sector and MU is no longer the most technologically advanced nor the low cost producer it once was. Additionally, it is facing a cash burn problem as it loses money quarter after quarter. Of the short positions I covered Friday, MU is the one I wavered most about covering and I look to reestablish the position quickly.
mlsoft
In edit, it is important to keep in mind that memory prices are frequently not reflective of true supply and demand - not only have they often been manipulated in the past, but they also tend to reflect the participant's views on future demand, which historically have been notoriously incorrect.