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Technology Stocks : Micron Only Forum
MU 267.69+7.7%3:47 PM EST
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To: Megs who wrote (28654)2/19/1998 11:35:00 AM
From: Jerry Denkera  Read Replies (4) of 53903
 
TO ALL------After seeming to hold for the last week or so
on the low end of 3.00 for 16megs prices have taken a decided
drop the last two days with across the board pricing falling
below 3.00 and continuing to fall.The amount of product in the
channel is huge and demand on the FPM,EDO versions is just
not strong enough to make a dent.
I expect pricing to continue to fall and we may start looking towards
the record lows from dec-jan time frame.

Regards Jerry
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