Micron $MU miss fouls chip stocks

Discussion in 'Stock Market Forum' started by baudwalk, Jun 26, 2015.

  1. baudwalk

    baudwalk Senior Investor

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    I have no $MU in the portfolio, but its big miss and outlook downgrade has blown up this market segment. Affected my $ AMD, $CSCO, $INTC holdings. I wouldn't buy into the $MU DRAM business that has evolved into a commodity unless it drops below $15 (P/E is silly low), but I wouldn't mind adding to $ CSCO and $INTC. Digging around for some change in the sofa... can't find any...:(
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I owned it for quite a while, sold it earlier this year when it was quite a bit higher.
     

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