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Technology Stocks : Micron Only Forum

MU 224.54

+0.3%

Nov 25 3:59 PM EST

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To: Bharat H. Barai who wrote (47265)	7/22/1999 8:26:00 AM
From: Chas	Read Replies (3) of 53903

I have been reading your posts and agree that no one knows for sure what the future holds. I can say that the desire of one large supplier is to take the spot up to around $7 and raise contract on August 1st. Whether they can pull this off will depend on whether Micron will agree and move with them. With the consolidation in the market, Micron does control the price with so much capacity they manage. The Koreans also have a large number of parts under their control. My humble opinion, is if the Koreans and Micron agree at the same time, prices will go up otherwise it will not happen. Will Micron stock price go up if this happens? You would think so, but when the DRAM price went into a spiral MU did not crash. So, I guess that means it probably will go up?? Luckily I stayed away from puts.. Good trading.

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