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Technology Stocks : Micron Only Forum
MU 253.17+6.4%3:59 PM EST

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To: Bipin Prasad who started this subject2/7/2002 3:50:25 PM
From: bambs  Read Replies (1) of 53903
 
ENE caused DRAM price to rise. MU will be smoked.

"Did Enron's shenanigans cause you to pay more for a personal computer?

A report being put together by Fecthor, Detwiler & Co. in Boston says Enron in early 2001 started speculating in DRAMs - dynamic random access memories - through its DRAM Price Risk Management. DRAMs are integral parts of computers.

It says Enron employees "offered that they had already approached and secured relationships with major DRAM consumers Compaq and Dell."

When Enron got into trouble late last year, the PC makers had to scramble to get their parts elsewhere. And that caused DRAM prices to rise sharply."

ny post reported this today.

since cnbc said that the price rise was a result of an economic recovery coming, I think they should answer and comment on this article.

SOX.X should be smashed...email cnbc and ask them to comment.

nypost.com

bet get short.

Bambs
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