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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (47253)	7/21/1999 10:38:00 AM
From: Lee Lichterman III	Respond to of 53903

Thanks, I might cover and wait to hit it again later then EOM, Good Luck, Lee

To: Skeeter Bug who wrote (47253)	7/21/1999 10:39:00 AM
From: re3	Respond to of 53903

agreed, skeets, best to lie or lay low on this puppy... everything and gold is rallying ... are 'they' just trying to confuse me or something ...don't 'they' know i am from canada, eh ?

To: Skeeter Bug who wrote (47253)	7/21/1999 8:55:00 PM
From: Bharat H. Barai	Read Replies (2) \| Respond to of 53903

DRAM prices are holding steady around $ 6.50-$6.75 in USA. That is why Micron is moving up. Due to anti dumping ruling, foreign manufacturers are not selling foreign produced DRAM in USA and would not sell below $ 8.00 to avoid dumping duties. I expect DRAM prices to approach $ 8.00 if PC demand holds good. May go to $ 10.0 in Q4. Next year, stay tuned. With Asian economies growing, more PC demand and more memory demand. No more new fabs coming up, but going to 18 nm would increase supplies. Demand should be greater than additional supplies. Dan Niles may be right that this would be $ 200 stock next year.