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Technology Stocks : Micron Only Forum

MU 242.00

-2.0%

Nov 17 3:59 PM EST

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To: IceShark who wrote (26289)	1/7/1998 1:42:00 PM
From: Jerry Denkera	Read Replies (4) of 53903

TO ALL------------Yes prices have been rising since Friday with the biggest increases over the last two nights.Mainly 4x4 product with TI locally going back to 3.00 and spot moving from 2.10-2.15 to 2.50-2.75 with more increases likely to follow this week with speculators and OEMs hitting the spot to take advantage of the spike. Korean product has been drying up as well as Japanese and a reluctance to accept quality of Taiwanese product. Will this be a shorterm spike?Perhaps but all indications are most manuf. moving out of the 16meg onto next gen product. Regards Jerry

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