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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Wednesday July 29, 2009

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MU, Micron Technology Inc. together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Micron is one of the world’s leading providers of advanced semiconductor solutions. Micron’s DRAM and Flash components are used in today’s most advanced computing, networking, and communications products, including computers, workstations, servers, cell phones, wireless devices, digital cameras, and gaming systems.

MU, Micron Technology Inc. 52 Week Low was $1.59, and today hits its 52 weeks High so far, $6.47

The last five trading days Micron Technology Inc.(NYSE:MU) shares have been cursed with two Downgrades and losing 20% of their value.  Micron has been outcast by Wall Street, they are the new Gollum of the Semiconductors. Anytime you see back to back downgrades in the span of a week it makes you wonder if the analysts might actually be on to something, both UBS and Deutsche are down on Micron: Date Brokerage Firm Action From To Old New...

Micron Technology Inc. (MU) reported a fiscal second-quarter loss of 81 cents per share, excluding items, late Thursday, missing the consensus estimate by 21 cents.

The semiconductor manufacturer's sales declined 27% year-over-year to $993 million, as weak demand for chips led to a fall in average selling prices.

"We are actively managing our overall cost structure, capital expenditures and technology execution, which are driving our operating margins ahead of industry trend lines," said CEO Steve Appleton.

MU eliminated 2,000 jobs in February. Last October, the company announced a plan to reduce about 2,850 workers. The company has also reduced the capital expenditure budget for the current fiscal year (ending in August) to $700 million from the previously announced $750 million.

Analysts have already cut fiscal 2009 estimates by 15 cents over the past month and by 21 cents over the past 60 days.

This Zacks #3 Rank ("Hold")

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Nanometrics Inc. is focused on designing, manufacturing, selling and supporting process control metrology systems used in semiconductor manufacturing and compound semiconductor substrates, devices and integrated circuits. The Company’s systems monitor film thickness and dimensions that are essential to control the manufacturing process and enable semiconductor manufacturers to improve yields, increase productivity and performance, as well as lower their manufacturing costs.

Nanometrics’ metrology systems measure various thin-film properties, critical circuit dimensions and overlay registration accuracy of successive layers of semiconductor patterns on wafers in the photolithography process. The company’s metrology systems also measure electrical and material properties, including composition, crystal structure, layer thickness, dopant concentration, contamination and electron mobility.

The Company receives around two-thirds of its orders outside of the U.S. and has been selling its systems since 1977. They have retained an extensive base of industry leading customers, including Applied Materials, Dainippon Screen, Ebara Technologies, Hitachi, Hynix Semiconductor, Ebara Technologies

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Highlights include Tessera Technologies, Inc. (TSRA), Infineon Technologies AG (IFX) and Micron Technology, Inc. (MU).Want to invest in Tessera Technologies (TSRA)? Get used to reading litigation reviews.Tessera's advanced packaging technologies have industry-wide applications. The firm has won 5 major lawsuits and now receives royalties from all of the big four in the DRAM market.Royalty growth has been spectacular, growing from $8.8 million in the 1st quarter of 2004 to $57.6 million in the third quarter of 2008. The royalty payments are expected to be a steady growing stream and the long-term revenue driver.Samsung and Hynix (both clients) are the 2 largest DRAM manufacturers and together control almost 50% of the DRAM market. The company has recently settled two separate litigation actions against Infineon (IFX) and Micron Technology (MU), the number three and four DRAM manufacturers, ...

Shares of Micron Technology Inc. (MU) plummeted 6% today before rebounding. The semiconductor device manufacturer declared Tuesday a wider first-quarter loss in the face of the falling average prices for memory-chip products. DRAM and NAND Flash prices fell 34% and 24%, respectively, during the quarter. The Boise-based company suffered an adjusted loss for the quarter of 72 cents a share, far worse than the 43-cent loss brokerage analysts had projected. (It was the third time MU has missed expectations in 4 quarters.) Revenue dropped to $1.4 billion from $1.54 billion, a year ago. MU is a Zacks #3 Rank ("Hold") company.

"MU" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research

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