Thursday, January 15, 2009

Micron In Need of Bailout, too!

Is Micron Technology (MU-$2.90) in merger talks with its DRAM manufacturing partners Nanya Technology and Inotera Memories? The ongoing glut in memory chips combined with weakening demand is depressing DRAM prices and straining Micron's balance sheet, as reported in the company’s first-quarter 2009 regulatory filing…. Read More….

Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

1 comment:

Anonymous said...

Bailout 2008 by David Jeffrey

Like a bloodied warrior,
laying broken and torn.

Like a dying soldier, hopeless and forlorn.

But the blood, it be green,
the color of money.

And the soldier is an economy,
and it is anything but funny.

Broken are it's people and shattered are their dreams.

Thanks to the ultra rich and their full proof schemes.

It is a tragedy with more pain to come.

Finance will be Hell, and their wills will be done.