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Technology Stocks : Micron Only Forum

MU 241.08

-6.7%

3:59 PM EST

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To: yousef hashmi who wrote (26760)	1/17/1998 3:39:00 PM
From: Richard Russell	Read Replies (1) of 53903

yo <<RICHARD, I am aware of dataquest forecast, the facts remain the competition is giving up. WHY else is pricing moving up. >> Other then some small insignificant players with little market share to begin with I don't see any of the real competition giving up. Many have pushed back fab growth but as I mentioned EXISTING CAPACITY IS MORE THEN ENOUGH TO CONTINUE THE GLUT THROUGH 98, and thats consisdered a conservative view by some. A minor price fluctuation does not necessarily mark a major trend change in pricing, Supply has not stopped growing and demand increase is still slowing. RR

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