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To: Tim McCormick who wrote (47023)	7/8/1999 3:09:00 PM
From: Skeeter Bug	Respond to of 53903

>>Prices for memory chips used in personal computers rose overnight on the spot market in Taiwan, pointing to strong demand for PCs and thus rising profits for computer companies. In Taiwan, prices for 64- megabyte dynamic random access memory chips are now above $4.50, up from $3.60 last week, according to analyst Boris Peterik at Donaldson, Lufkin & Jenrette Securities Corp.<< errors in "logic" 1. spot prices rise due to relative changes in supply / demand / the perception thereof. to assume demand skyrocketed 10% overnight is a logical error. it makes more sense to assume that this recall issue is causing some folks to pay up due to less supply. especially in light of the hordes of inventory mu has sitting in their warehouses. is lehi a billion dollar warehouse? shouldn't it be depreciated as such? 2. dram prices going up isn't good for pcs when prices drop faster than unit growth. to say so is to be ignorant. 3. dram was $3.60 last week? mu said it bottomed a couple weeks back and was at or above $5 well before last week. if anybody still gives mu any credibility they won't ever believe otherwise. too much bs to overlook unless one chooses to do so. junk journalism.