Kathleen,
re: Barron's article on page 53 written by Eric Savitz and the big heading: "DON'T BET ON A DRAM-PRICE RECOVERY 'TIL 2000"
The guy cannot make up his mind and he IS very confused.
1-"The rise reflects a spreading Wall Street view that prices of memory chips, in particular DRAMs, have finally stabilized.
I CARE MORE WHAT WALLSTREET THINKS, THEN ONE PERSON'S THOUGH (INCLUDING MINE!)
2-" Spot market prices for memories, he says(Dataquest), remain below contract prices, "
Dataquest HAS A DIFERENT OPINION EVERY WEEK.ALSO SPOT PRICES HAS RISEN CONTRARY TO HIS SAYING.
3-"overall DRAM capacity remains about 20% too high, Barring additional plant closings, he says, overcapacity will continue into the year 2000."
THIS GUY NEED TO MAKE UP HIS MIND. FABS AND PLANTS ARE CLOSING EVERY WEEK. LG SEMICON HAS STARTED CUTTING PRODUCTION THIS MONTH, AND GUESS HOW MUCH CAPACITY (SUPPLY) THEY ARE GOING TO CUT FROM THE WOLRLD MARKET? 20%.
And the war continues..... |
