My Investing Thesis for Micron Technology; Seeing Value Amidst the Wasteland

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After establishing a position in the company for the Secular Trends Model, several readers asked if I was sure I meant THAT Micron. Believe it or not, I think the worst is behind this company after dumping its worst-performing division and beefing up their industry-best balance sheet.

I see several important catalysts heading into the second half of the year, including the release of Windows 7 and new Windows Server, and a hotbed of activity in the smartphone market. Because of these trends, I think OEMs will embark on a sizable inventory build heading into the Fall.

EpiphanyOne

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