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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (64182)	7/9/1999 1:57:00 AM
From: shrinks	Read Replies (3) of 132070

Michael, Dont you find it interesting that DRAM pricing is up 20+% since the rumors about Microns recall started to circulate, must be the huge increase in demand that just happened at the same time.... Its interesting that MU rallies when news comes out of Taiwan that 64M SDRAM's prices increased from $3.60 to $4.50, of course MU said in the conference call that pricing was firm at $5.00, and their average ASP for last qtr was about $7.00. I cant believe that the investors are so blind to amount of losses this qtr that they keep bidding it up. This market just keeps going and going and going...

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