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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 163.10-0.7%Dec 16 3:59 PM EST

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To: Ian@SI who wrote (3843)12/15/1997 3:09:00 PM
From: James Connolly  Read Replies (3) of 10921
 
Folks,

I have two questions which hopefully somebody on this thread can answer.

1. How can the spot price for DRAM drop so fast ? The spot price is currently around $2.10 !!! Is there any particular event which caused this ? Either demand dropped very quickly or production ramped very quickly.......No ?

"Dataquest said prices of 1-by-16-Mbit DRAMs had plunged 26% to 29% in two weeks, which it called "a fantastic drop" coming on top of a 30% price fall in the preceding month"

techweb.cmp.com

2. Also when the BTB is published around 17th of this month is the BTB for north America only or is it a global figure ?

Thanks
JC.
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