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Technology Stocks : Micron Only Forum
MU 231.05+2.9%11:56 AM EST

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To: Charlie Smith who wrote (2504)9/19/1996 11:49:00 AM
From: davesd   of 53903
 
Charlie, they may not go any lower, but the question is are they too low already for anyone to make a decent profit. MU would not be complaining about dumping if the current price was profitable.

The other question is....how much did MU charge MUEI for DRAM last quarter, MU could have made them buy it at a higher than spot price, this would bring MU's average selling price higher than it would normally be. It could save them, but if they are doing this sooner or later it will bite them.

dave
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