Micron Technology Inc. (MU), a provider of advanced semiconductor solutions fourth-quarter of 2009 earnings beat the Zacks Consensus Estimate by 9 cents. The company posted a net loss of 10 cents per share, much better than the 45 cents loss reported in the year-ago period and 36 cents in the previous quarter as demand and price for memory chips improved. Revenue for the quarter was $1.30 billion, down 10.1% from the year-ago period. However, revenue was above the consensus estimate of $1.27 billion and increased sequentially by 17.7%. We remain encouraged by the company’s continued cost reduction initiatives while pursuing strategic alternatives with tighter capital expenditures and operating expenses. During the quarter operating expenses declined 19.3%, primarily due to lower R&D expenses which fell 16.8%, and lower SG&A expenses which declined 23.4% year over year. Micron’s memory and image-sensing chips are used by International Business ...

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My Picks for Tuesday September 29, 2009, are:

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MU, Micron Technology Inc.

MU together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR, DDR2, DDR3, synchronous DRAM, and other specialty DRAM memory products, such as mobile DRAM, pseudo-static RAM, and reduced latency DRAM.

Because of the back of strong memory prices and robust shipments, the expectations about MU would beat Wall Street’s earnings and revenue forecast for the fourth quarter

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Friday September 25, 2009

DrStockPick.com Stock Report!

CVAT, JNJ, CSRH, MRK, PWRM, MU

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CSRH, Consorteum Holdings Inc, CSRH.OB

CSRH is a company in the financial services, payment and transaction processing industries.

CSRH provides electronic transaction processing and management services to financial institutions, healthcare, government, public and private sector companies. CSRH’s services provide customized, innovative technology solutions that create, augment and enhance customers’ existing financial, payment and transactional processing systems.

CSRH has established an agreement with a third party partner within the payment processing industry to offer Merchant Discount Rates. Consorteum will leverage this new partnership to offer competitive Merchant Discount Rates and Point of

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Sunnyvale, California-based Spansion (SPSN) is a semiconductor device company exclusively dedicated to designing, developing, manufacturing, marketing and selling Flash memory solutions. The firm's Flash memory is integrated into a broad range of electronic products, including mobile phones, consumer electronics, networking and telecommunications equipment, and computer peripherals.

Flash memory products are generally based on either NOR or NAND architecture. To date, Spansion's Flash memory products have been based on NOR architecture, which are typically produced at a higher cost-per-bit than NAND-based products.

The Saifun acquisition opens the company up to the technology licensing business, which historically has had very high margins. The imbalance between NOR and NAND will continue and investors should watch the traction of the few NAND products the firm does have. We feel the firm will trade at current to slightly higher valuation metrics until the 2008-2009 demand outlook becomes a little more clear. We are setting a

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