>>The average selling price of Micron's top memory chip product, the 64 Meg SDRAM,
increased 8 percent in the first quarter of this year. In the same time, total chip
production rose 10 percent, while the production cost remained unchanged.<<
chip production, ie, revenues in ambiguous language, were up 10% while their lead product is up 8%,. looks like 20% growth isn't gonna happen as they are essentially still flat with last q.
seems micron has jumped on board the korean production reduction strategy w/o telling anybody. costs CAN'T drop much until they increase output. they are in a tight, tight situation.
essentially, 100% of txn has been taken off line, korea is at 70 production capability, if that, and pricing is barely moving up.
this plan appears to be able to enable mu to make a few pennies per share. however, IT WILL NOT ALLOW them to make BIG money. mu chooses short term stock manipulation vs long term cost reduction.
i think the doj ought to look into this potential collusion amongst dram mfrs. |
