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Technology Stocks : Micron Only Forum
MU 263.78+4.5%Dec 10 3:59 PM EST

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To: TREND1 who wrote (26584)1/15/1998 1:34:00 PM
From: Richard Russell  Read Replies (2) of 53903
 
Today's Commentary: 01/15/98

Bid and ask prices on Intel CPUs are beginning to diverge as suppliers
with stock hold prices steady and buyers are asking for sharply lower
prices. The results are less trading activity. Pricing on 16 meg Fast
Page Mode and EDO product has begun to curtail. Possible credit issues
regarding Japanese raw material suppliers to Korean manufacturers have
been rumored to cause the latest hiccup. Synchronous devices have been
relatively unaffected.
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