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Politics : RAMTRONIAN's Cache Inn

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To: Technored who wrote (3780)9/2/1997 10:57:00 AM
From: Gutterball   of 14464
 
I only follow CUB loosely. When I first brought it to the attention of the thread it was something like $24, today it's $35. I thought if it dropped to $22 I'd give it a try. It never did, I missed it, so I'm not in. I believe Barb is in and enjoying it, however. I'm still waiting to buy RMTR below $8.

Actually, I really hate calling companies because you usually get voice mail and the call isn't returned--so I haven't tried to call CUB.

Some bad news out today on Japanese Chip makers. It goes like this:

TOKYO - Yamaichi Research Institute of Securities and Economics Tuesday lowered its earnings forecasts for Japan's "Big Five" semiconductor makers, citing unexpectedly large falls in chip prices and sluggish sales of electronic machinery.

At the same time, Yamaichi lowered its share ratings of Hitachi Ltd. (HIT), NEC Corp. (NIPNY) and Fujitsu Ltd. to "2" from "1." Ratings for Mitsubishi Electric Corp. and Toshiba Corp. were maintained at "2." A "1" rating means the share is expected to outperform the overall market, while "2" is a neutral rating.

The environment surrounding the five chip makers is deteriorating rapidly because of sharp price falls for semiconductors and mobile communications equipment, as well as sluggish sales of home electric appliances and personal computers. In particular, the price of 16-Megabit dynamic random access memories (DRAMs) is expected to drop to $5 apiece by the end of this calendar year, instead of the $7 that it previously estimated, Yamaichi said.

Of course, once they start producing FRAM in volume all of this will change.
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