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Technology Stocks : Micron Only Forum

MU 285.43

-2.5%

Dec 31 3:59 PM EST

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To: JungleCat who wrote (48459)	9/20/1999 10:20:00 PM
From: Skeeter Bug	Read Replies (2) of 53903

jungle, you do know the difference between spot and contract, right? i have never seen a contract price quoted above $6.50 on this thread during this rebound. mu lost money at a $7.00 asp last q. a 10% qtly drop in all up costs is quite generous, and i'm a generous guy. please cite your source that says spot prices are above $6.50... if you can... btw, i do expect this taiwanese earthquake to impact pricing to the upside, at least for a short while. even so, watch mu burn, burn, burn their cash. millions a day. burn, baby, burn.

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