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Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

Dec 5 3:59 PM EST

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To: Skeeter Bug who wrote (40769)	11/9/1998 1:42:00 AM
From: Carl Held	Read Replies (3) of 53903

How do you make money selling chips below cost? Semiconductor Business News, © 1998, CMP Media Inc. November 1, 1998 Appleton conceded that all global DRAM companies, including Micron, are now selling chips at below cost -- technically, one definition of dumping under U.S. law. However, he said that Micron singled out the Taiwanese vendors because they alone embarked on a major capacity buildup that threatened to make the market glut even worse. Even the CEO of MU admits that they are selling chips below cost....that will hurt their cash flow. This spells trouble for MU.

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