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Technology Stocks : Micron Only Forum

MU 276.28

-0.1%

Dec 23 3:59 PM EST

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To: Steven Hsu who wrote (28659)	2/19/1998 2:06:00 PM
From: Richard Russell	of 53903

Today's Commentary: 02/19/98 Popular 16 meg devices (i.e. 4Mx4 EDO SOJ) fell to their lowest level since mid-January as sluggish open market demand and growing inventory levels (i.e. multiple manufacturers) forced prices downward. Conversely, CPU pricing (Intel) remains stable with the exception of lower end notebook devices where multiple notebook/laptop manufacturers are reporting sagging sales (i.e. economy line) for the second consecutive quarter resulting in excess inventory.

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