### Comment:
A pullback for micron? Its trading at a pe of 5 with DRAM increasing through at least the BOY that along with cost decreases from their 1y ramp should increase margins. Nand is tight, but vast majority of MU's rev comes from DRAM and some producers are already delaying additional nand xapex5

### REPLY:
No in general. MS has said there is a huge correction for semis today. They called for the whole market to sell off a week or so ago.

### END.