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Micron - Durcan's Big Bet

Summary

The Elpida acquisition and its aftermath are key to Micron's current position.

DRAM is starting to turn the corner.

A Q4 projection is offered.

Part 1 of a two-part Micron assessment.

"Always do the right thing. This will gratify some people and astonish the rest"

- Mark Twain

"All good things arrive unto them that wait and don't die in the meantime.

- Mark Twain

I've always loved reading Mark Twain, so when I decided to write this piece about Micron's (NASDAQ:MU) next two years, I couldn't help but think of the two quotes above. Like many other Micron investors, I got involved with this stock...


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