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Technology Stocks : Micron Only Forum
MU 232.59-2.1%3:59 PM EST
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To: Knighty Tin who wrote (10615)3/11/1997 9:12:00 PM
From: bucky89   of 53903
 
>Which means that European computers will be even less competitive
>worldwide than they are now. Poor Bull and Zenith. Maybe Packard Bell/NEC will
>move Zenith production to a free market area. That will really protect a lot of
>European jobs. -g- MB

Yes Michael, but it also means the Japanese and Koreans have an excuse to raise 16Mbit DRAM prices in Europe. Up until now, no one wanted to be the first to raise prices. That is what has kept contract prices pretty stable and far below spot market prices. But now, this may be the signal that the DRAM manufacturers can use to synchronize their price increases. It might also result in increased upward price pressure in the short term worldwide.

Josh
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