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Technology Stocks : Micron Only Forum
MU 238.36+0.4%3:59 PM EST
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To: TREND1 who wrote (50579)2/28/2000 3:06:00 PM
From: phbolton  Read Replies (2) of 53903
 
A spokeswoman for Micron Technology Inc., Boise, Idaho, said the memory-chip maker ?is cautious right now? in its assessment of the DRAM market. ?We don't have enough data yet to judge how long the downturn will continue and when prices will turn around,? she said.

Whatever the root cause, Joseph said DRAM bit growth is continuing to slow in the global market. Citing Semiconductor Industry Association figures, he noted that bit consumption in the fourth quarter of 1999 was up only 39% year-over-year, less than half the eight-year average of 81%.

whole story at ebnews.com
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