SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum
MU 207.36+3.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Earlie who wrote (25465)12/15/1997 10:51:00 PM
From: Bharat H. Barai  Read Replies (2) of 53903
 
I have a brother in law who is the International marketing manager of a very reputable billion dollars plus company, specializing in various memory products. My statement is based on his knowledge in this field.

Yes it is true that Korean problems are not just DRAM related. They are related to below cost pricing of disk drives, computers and other electronics products. They are also related to foolish Korean chaebols investments like Zenith-LG Electronics, Maxtor-Hyundai, AST-Samsung and list goes on. All these insane money losing propositions came about because of corrupt and irresponsible Korean banking system that kept on supplying money without any rational or accountability. 100 Billion dollars in debt are due by Dec. 1998 for a country that has few natural resources or foreign exchange reserves.

Japanese economy and banks are in trouble because of their sweet heart lending practices to corrupt economies like Korea.

While the present situation is pitiful, he and I both feel that the DRAM prices are about to rise to more rational levels within days, not weeks or months.

The value of a company is not simply based on today's earnings. It takes lot of organization, superb technology, multi billion dollars hardware, trained work force and sound business practices. It has taken all of the above to have a company like Micron, producing Billion dollars worth of DRAM at present pitiful prices. No amount of bashing on SI can create or destroy such entities in few weeks or months.

Bharat H. Barai
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News