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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: Naggrachi who wrote (47920)	9/1/1999 1:42:00 AM
From: DJBEINO	Read Replies (2) of 53903

DRAM price continues to climb The price of 64M DRAM (dynamic random access memory) chips continues its climb, trading at more than $9 per unit in the spot market. This is an increase of $1 over a period of one week, as the 64M DRAM price continues to recover since it hit bottom at the end of June at $4.60. The most widely traded 8M x 8 PC-100 traded Monday on the U.S. spot market at $8.48-$9.17 per unit. The 16M x 4 synchronous DRAM used in graphics traded at $8.55-$9.24. The spot price of 64M DRAM broke the $5 barrier in mid-July and has continued its steep climb of more than $4 in just six weeks. The industry expects the price to reach more than $10 in September. The explosion in Internet usage and the boom in low-end PCs are fueling the increase in the price of DRAM. The demand for new PCs in the face of the Y2K glitch is also adding fire to the fuel as the supply fails to meet demand due to a restructuring in the memory sector. As the spot price of 64M DRAM stands at about $9 per unit, Samsung Electronics, Hyundai Electronics Industries and Hyundai MicroElectronics are expected to charge their regular clients about $10 per unit, increasing their profits by a large margin. Updated: 09/01/1999

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