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Biotech / Medical : Biotech Valuation

CRSP 57.58

+0.9%

3:59 PM EST

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To: Ian@SI who wrote (8306)	5/8/2003 5:52:00 PM
From: WhatsUpWithThat	Read Replies (1) of 52153

OT: DRAM is an extreme example. In 1970, it cost about $4M for .25MB of core memory; today about 256MB of DDR SDRAM can be purchased for less than $100. Clearly, there's been impressive innovation contributing to lowered prices. Prices plummeted because Demand was overrun by Capacity. This incredible drop isn't a result of capacity increases. Demand/capacity imbalances have caused strong swings in RAM prices over the past 4 or 5 years, but nothing like you describe above. The drop in RAM from 1970 to today is far more a result of technology and manufacturing advances than anything. I mean, in 1970 RAM was iron core rings with copper wires running through them, some boards still hand-threaded though I think much was automated. I have one on my wall from 1974, a real piece of art: 16K RAM; the board is about 20" square and the core itself (folded out) is about 7x12. Had it framed when I decommissioned the computer it was in, in (really!) 1987. Cheers WUWT

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