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Non-Tech : Invest / LTD

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To: Lee Lichterman III who wrote (4242)	10/14/1998 10:49:00 PM
From: Gerald F Bunch	Read Replies (1) of 14427

Lee Re: Micron MICRON TECHNOLOGY INC. said it will pump more than US$300 mln into its Singapore operations over the next two years to install and upgrade technology. Micron Chairman Steve Appleton said on Tuesday Micron would be able to produce cheaper dynamic random access memory chips (DRAM) with the new equipment. "We know that the least expensive unit cost is by using the most advanced technology," he added. Capacity would be jacked up by about 40%, Appleton said. He brushed off concerns that the increase in capacity would lead to lower prices. "Over the last two years, we have had a 96% price decline. We are not going to continue seeing those kinds of price declines," Appleton said. (Reuters 11:48 PM ET 10/13/98) For the full text story, see infobeat.com I don't have a position in Micron, but I'm thinking about puttering around<g> Regards GB

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