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Technology Stocks : Micron Only Forum

MU 256.16

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To: John Graybill who wrote (48681)	9/26/1999 4:46:00 AM
From: DJBEINO	Read Replies (1) of 53903

64M DRAM price rises above $20 following quake in Taiwan The price of 64M DRAM (dynamic random access memory) chips surged above $20 Friday following the earthquake in Taiwan which hit the island's semiconductor production last week. According to industry sources, the 8M x 8 PC-100 chip, the current mainstay, was being traded between $19.65 and $21.25 on the U.S. spot market, up some $6 from $15.58 before the quake. The chip was quoted at $20.14 Thursday. It is the first time for the chip to break through the $20 level in recent years. The prices of 16M DRAM and 128M DRAM skyrocketed immediately after the tremor, but showed little change Friday. Analysts expect further price hikes of DRAM chips, as it is likely to take time for Taiwan to recover from the earthquake damage. Taiwanese firms account for up to 12 percent of the global DRAM chip supply. Updated: 09/27/1999

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