For The Memory Chip Sector, A Day To Forget

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For The Memory Chip Sector, A Day To Forget - 07-22-2008, 05:40 PM

For the memory sector, it is a day to forget.Last night, SanDisk (SNDK) reported an extremely nasty June quarter earnings report; the Street has responded with a host of downgrades. And meanwhile, Citigroup chip analyst Glen Yeung this morning cut his ratings on Micron (MU), Qimonda (QI) and Spansion (SPSN) to Hold from Buy. The [...]

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