Micron Technology
Long

MICRON a SOLID BUY and has buyout offer of $21 a share currently

64
Micron is one of the most undervalued companies in the entire Nasdaq 100 and SP 500.
It trades a 6.87 P/E and has increased Operating Profits and Free Cash Flow QoQ. Currently has $4.86 billion USD in cash and has equity on book of $13.36 billion USD.

Micron currently has a $21 buyout offer from Tsinghua Unigroup LTD (INTEL OWNS 20% of TSINGHUA)
China’s 23B Micron bid is far too low to succeed.
marketwatch.com/story/chinas-23b-micron-bid-is-far-too-low-to-succeed-2015-07-14

INTEL IS PREPARING A TAKEOVER OF MICRON, IT IS VERY CLEAR TO SEE.

A must read article with lots of information on Micron and the business plan going forward.
marketrealist.com/2015/07/micron-launched-new-consumer-flash-storage-device/

Micron launched 16-nm TLC in fiscal 3Q15
Micron Boosts Data Center Storage Security With New SATA Solid State Drive Featuring Enterprise Data Encryption
marketwatch.com/story/micron-boosts-data-center-storage-security-with-new-sata-solid-state-drive-featuring-enterprise-data-encryption-2015-07-14-211952823

Global DRAM Market 2015-2019
marketwatch.com/story/global-dram-market-2015-2019-2015-07-16


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