Rosenblatt Expects Recent DRAM Stability To Begin Falling Again In Oct As PC Inventory Builds Complete

Migration to Mobile from PC will cause prices of Mobile DRAM to fall even if Apple production ramps up according Rosenblatt. The Thursday note says SNDK faces negative headwinds and says Micron's stock price already reflects Q4 pricing concerns. Headwinds still persist for SNDK in coming months and stock price will reflect the coming headwinds to the downside