-- =DJ Micron Tech Is Upbeat About Long-Term DRAM Prices >MU --
By Mark Boslet
SAN FRANCISCO (Dow Jones)--Micron Technology Inc. (MU) expects prices for DRAM
memory chips to stabilize or show "some upward pressure" over the long term,
despite slipping recently, said Kipp Bedard, vice president of corporate
affairs.
The memory maker is optimistic about the pricing environment, Bedard said at
the Banc of America Securities technology conference here.
In the short term, however, seasonal slowing in computer demand from the
fourth quarter has coupled with shortages of certain microprocessors and the
sale of some excess products in Asia to pressure prices, he said.
Separately, Micron expects to increase the amount of flash memory it produces,
said David Parker, manager of investor relations. At present, about 5% to 6% of
wafers go to make flash. During this year, flash and SRAM memory products will
make up about 10% of Micron's wafer production "starts," he said.
Also this year, PC133 will be the dominant form of memory in the personal
computer market, Parker said. Rambus Inc.'s (RMBS) RDRAM memory will have
between 5% and 10% of the market, he said.
-Mark Boslet; Dow Jones Newswires; 650-496-1366
(END) DOW JONES NEWS 02-01-00
07:06 PM- - 07 06 PM EST 02-01-00
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