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Technology Stocks : Micron Only Forum

MU 236.50

+2.7%

12:59 PM EST

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To: Thomas G. Busillo who wrote (47724)	8/18/1999 11:36:00 PM
From: Chas	Read Replies (3) of 53903

Thomas, Your comment about,"Why is Samsung reported to be charging $2-3 more than spot on their long-term contracts". I went back and read the article you referenced, I think I can explain where the confusion is; this is referring to the first half of 99 when spot was lower than OEM, Samsung like the other suppliers charge more to OEM when this condition happens. Now, today the OEM is around $5.75 and the spot higher at $7.15~, the OEM is lower, way lower,,but OEM pricing is gradually going up about once every two weeks or weekly depending on the agreement and the supplier. Hope that helped. Some information about pricing softening seen in the last day or so was total hype. The spot is holding fine at $7+, and OEM pricing just went up this week and thats where the bulk of the parts ship at and that would have been the news to talk about but no mention was made. It will be interesting when OEM pricing goes up again roughly averaging about 10% every two weeks since this started so that could mean from $5.75 to around $6.25-$6.32 on Sept 1. Lets see if it happens or not. Good trading.

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