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Technology Stocks : Micron Only Forum

MU 241.15

-4.7%

3:59 PM EST

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To: TREND1 who wrote (13765)	5/1/1997 8:55:00 AM
From: Bipin Prasad	of 53903

All MU Bulls and Bears, this is from today's news on 64M: DRAM price skid reaches 64-M parts Contract prices of 64-Mbit DRAMs in the last two weeks have tumbled nearly 40%, to less than $40 each, because of an oversupply created by Japanese and South Korean chip suppliers, analysts report. All MU bulls and bears, 64M price is dropping like a rock. It sure sounds like 4M and 16M price drop in '96. Since Micron does not/will not produce 64M in volume in near future, what kind of impact do you think this rapid price erosion will have on MU stock price in '97? regards, Bipin's partner(BPP)

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