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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 9:30 AM EST

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To: Knighty Tin who wrote (47038)	7/9/1999 3:05:00 PM
From: patrick tang	Read Replies (1) of 53903

..tick up in DRAM prices ... MHO - lowest price at last week of Q2 end when they had to move product to get revenues. Q3 first week, revenue pressure all gone, big boyz raised Q2 end fire-sale price and put product/production back on shelf instead. Hoping for end of summer seasonal upturn to get better supply/demand and keep prices 'up' later. If they are wrong, watch out below when all the stock-piled products gets dumped again at Q3 end. patrick

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