"I am not an advocate for frequent changes in laws and constitutions. But laws and institutions must go hand in hand with the progress of the human mind. As that becomes more developed, more enlightened, as new discoveries are made, new truths discovered and manners and opinions change, with the change of circumstances, institutions must advance also to keep pace with the times. We might as well require a man to wear still the coat which fitted him when a boy as civilized society to remain ever under the regimen of their barbarous ancestors." - Thomas Jefferson (appears in the Jefferson Memorial)

The Micron watch

Five months ago we quoted a stock site called Seeking Alpha as suggesting this: “A company with Micron’s assets, potential, and joint ventures could definitely be a very attractive takeover target for private equity. A leveraged buyout may not be too far off in the distance.” And we indicated we thought the site was correct: Micron would be an attractive takeover target.

In today’s Idaho Statesman: “Speculation is again swirling that Micron Technology could be bought by a private equity firm. A surge in contracts to buy Micron call options late Thursday and Friday led some analysts to speculate that private equity firms were again looking at the Boise-based semiconductor company.”

Keep watch.

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