Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (65424)	7/28/1999 3:01:00 PM
From: SeaViewer	Read Replies (4) \| Respond to of 132070

Skeet: Latest news. It seems that the price is much lower than spot price. Also, do you have any idea what the incentive program is. Jeff Wednesday July 28 2:23 PM ET Micron Tech Sees Uptick In Memory Chip Prices SAN FRANCISCO (Reuters) - Micron Technology Inc. (NYSE:MU - news), the biggest U.S. maker of computer memory chips, expects memory chip prices to rise slightly starting next month due to an acceleration of demand and lower inventory levels, a Micron executive said Wednesday. Micron's vice president of corporate affairs, Kipp Bedard, told a BancBoston Robertson Stephens semiconductor conference that memory chip prices climbed during July and have been gradually moving up from a price range of $4.50 to $4.75 for a 64-megabit chip. He said he expected prices to rise to about $5.00 to $5.25 starting around Aug. 1. ''You will hear us talk more about shortages here and there,'' Bedard said. He cited healthy personal computer demand as well as an incentive program that Micron started for low-cost PC makers to get them to use more memory. In midafternoon trade, Micron shares were up $4.25 at $62, after trading as high as 63.25.