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.

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

To: John Graybill who wrote (47377)	7/29/1999 12:13:00 PM
From: Michael Bakunin	Read Replies (3) \| Respond to of 53903

Wouldn't be surprised if some mass-market rag does an MU cover story. The tout-fest sounds like a good time had by most; here's Briefing's take: "Micron's presentation focused a single theme: DRAM prices are rising and so is volume demand...Micron speculated that DRAM prices, currently at a little over $4 for a 64-megabit module, would rise to over $5 as early as August of this year, and perhaps rise as high as $6 by the end of the year...Micron, which has lost money in 5 of the last 6 quarters, declined to speculate on when they would reach profitability. They also dodged the question on how the expected $1 billion in expenses to meet the demand would effect [sic] the balance sheet. Furthermore, they declined to comment on whether a $6 DRAM price was more or less than the cost to produce the DRAM." -mb