C-Cube Message Board - Msg: 10694032

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Technology Stocks : C-Cube

CUBE 35.80

+0.6%

12:02 PM EST

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To: JEFF K who wrote (43391)	7/28/1999 2:57:00 PM
From: DiViT	Read Replies (1) of 50808

Only thing I've found so far from the BB-RS Conference... Micron sees memory price increase Micron Technology Inc. (NYSE:MU), the biggest U.S. maker of computer memory chips, expects memory chip prices to rise slightly starting next month due to an acceleration of demand and lower inventory levels, a Micron executive said Wednesday. Micron's vice president of corporate affairs, Kipp Bedard, told a BancBoston Robertson Stephens semiconductor conference that memory chip prices climbed during July and have been gradually moving up from a price range of $4.50 to $4.75 for a 64-megabit chip. He said he expected prices to rise to about $5.00 to $5.25 starting around Aug. 1. Story to follow. --Reuters zdnet.com

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