To: Dan3: Message forwarded from Yahoo thread to you from oldtimerinvestor:
Dear Mr. Surckla, would you kindly
by: oldtimerinvestor
10/31/1999 11:55 pm EST
Msg: 27520 of 27520
deliver my post to the SI board, attention Dan3.
Dear Dan3,
You may be a brilliant engineer, although biased in you thinking and ignorant about business, supply/demand, cost
accounting, and commodity pricing. As has been recently and powerfully demonstrated by the recent price swings which
have result in SDRAM going from below production costs (as claimed) upward by a factor of 4. Just try to understand that
the price of this commodity called SDRAM is priced two ways. One under long (relatively long)term and spot prices
(commonly referred to as cash market). The prices for SDRAM have swung wildly while, during this time, costs have
remained constant (or relatively constant). Die size, cost componets, et al have nothing to do with market price!!!
You, I assume are an engineer, and I would therefore assume that you have heard of Edward Deming (sp?). Well, go ask
your engineer friends about this man and study his production methods and you will see how the production lines are turned
on and never turned off (figuratively). They sell the output at whatever they can get. Stop spouting your fake expertise about
pricing and your pretentious manner about connecting the dots for this security's price moves.
Oldtimerinvestor |
