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To: Ram Seetharaman who wrote (5595)	7/28/1999 2:36:00 PM
From: AJ Berger	Read Replies (2) \| Respond to of 9582

Micron Tech sees uptick in memory chip prices SAN FRANCISCO, July 28 (Reuters) - Micron Technology Inc. <MU.N>, 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 on 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. REUTERS * end of story * (REUTERS) Micron Tech sees uptick in memory chip prices Micron Tech sees uptick in memory chip prices SAN FRANCISCO, July 28 (Reuters) - Micron Technology Inc. <MU.N>, 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 on 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. REUTERS * end of story *