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Technology Stocks : Micron Only Forum
MU 207.36+3.0%Nov 21 9:30 AM EST
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To: A. A. LaFountain III who wrote (43642)3/12/1999 4:22:00 PM
From: eabDad  Read Replies (1) of 53903
 
Tad:

I think there is a relationship with the health of the DRAM market and the dollar/yen. I think you can trace a broad correlation back to 1985. The low in the yen near 90 in 1995 does correlate with the top of the DRAM market.

When I was in Japan in late 1996, the economists were talking about a recession in Korea in 1997 in part because of the DRAM market - DRAM exports had accumulated to 11% of the country's GDP. While it's hardly that big in Japan, it likely is big enough to affect GDP growth and the currency markets as a result.

Z
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