Skywalker007
Long

MU Bullish on 3D X Point Memory's 1000x Current Speed

NASDAQ:MU   MICRON TECHNOLOGY INC
3D X Point Memory was announced on July 27th, 2015, exhibiting 1000x the speed of current memory. This will change the entire landscape of technology. Mobile will probably adopt first as deals are being made for the larger business and data centers.

MU has improved revenues/EPS for the past 2 years and are on track to make it 3 years.

1 year PT of $30 would be ~60% gain from current prices.
Currently trading at a ~39% discount.
Edit: 1000x faster than NAND and it is non-volatile. Great for mobile storage!
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