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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: Sridhar Srinivasan who wrote (27568)	2/2/1998 12:41:00 PM
From: DavidG	Read Replies (2) of 53903

Sridhar, Don't forget to remind the "Forever Bears" about the production costs of the Koreans: Analysts said Korean chip companies (which have production costs of about $4.50 per unit) have been selling inventory at almost any price to get the U.S. dollars they need. Notwithstanding this additional capacity, though, there are signs now that it may be coming to an end, with chip prices on the rebound. Yahoo was the author of previous news items in the past similar to this, but when you try to retrieve them they are expired. Fortunately they re-released it.<g> DavidG

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