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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 173.46-1.1%Dec 31 3:59 PM EST

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To: Thomas G. Busillo who wrote (1401)9/19/1997 11:35:00 PM
From: otter   of 6180
 
Tom, I think you will agree that its in the nature of that game that when a new chip comes out, it will never cost more than what it costs the first day of production. Prices of memory chips remind me of what I was like with soybean prices when I was a kid in Indiana listening to the midday market reports. And everybody was growing them!!!!! I remember a time when the local grain elevator couldn't store it; so they dumped all the extra beans in a pile. Can you imagine a pile of soybeans about 150' high??????!!!!!!!

One of the reasons I decided NOT to be a farmer. Great occupation. Margins suck.

Supply...... demand......... over production......... and all that. The upside is that after the mfgrs make their first one (for how many million dollars) the material cost for all the rest is dirty sand (Just kidding!!!!! A joke!!!!!!!!) Seriously. When was the last time you checked the price of a Z80 chip???????
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