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Technology Stocks : Micron Only Forum

MU 201.37

-10.9%

Nov 20 3:59 PM EST

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To: Skeeter Bug who wrote (41735)	12/27/1998 8:37:00 PM
From: Carl R.	Read Replies (1) of 53903

I agree with Robert, there are lots of reasons prices fall, and these price decreases are not particularly large, and also company specific. On the other hand, I would agree with the converse, and that is that prices rise only for one reason, because demand is strong. The fact that one-week-a-month shutdowns by the Koreans was sufficient to put memory into a shortage situation sufficient to move prices up is an indication of strong demand, and also an indication that supply and demand are not as far out of balance as they once were. Carl

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