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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Chris who wrote (31974)3/11/2002 10:02:15 AM
From: Chris  Read Replies (2) of 52237
 
08:59 ET Goldman downgrades Asian DRAM companies : Goldman Sachs downgrades Asian DRAM stocks including Samsung, Nanya, Powerchip, and Winbond due to expected weakness in DRAM pricing caused by: growth in supply of 0.15 micron chips as yields improve, inventory build-up by spot dealers, and psychological risk that Micron/Hynix deal will fail. Micron (MU) could come under pressure due to this Goldman call, though MU isn't mentioned with the downgrades.
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