Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 265.92

+7.0%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (47414)	7/30/1999 10:47:00 PM
From: Bharat H. Barai	Read Replies (3) of 53903

Skeeter Bug, you are so anti Micron that you are blind to realities. The fact is DRAM prices are moving up. The spot prices are $ 6.25-$6.50 and OEM contract prices are 5.75-6.000. The Chairman of one of DRAM company said today, in a private conversation in Taiwan, that he is hearing that 64 DRAM is moving to $ 7 in next 2 weeks. No one has inventory. Even Micron's inventory is mostly gone. When you read that PC sales were up 35% in Q2, obviously that needs DRAM. It is high time that you face the reality and accept them as they are. I hope no one loses his house, shorting Micron, based on your blindly biased opinions on Micron.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next