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

To: Bharat H. Barai who wrote (47423)	7/30/1999 11:34:00 PM
From: TREND1	Read Replies (2) \| Respond to of 53903

BHB Don't worry about Skeeter. He has been bearish on Micron for years ! We call them "forever bears" Larry Dudash

To: Bharat H. Barai who wrote (47423)	7/31/1999 12:08:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

bhb, let's take your numbers and ignore that kip bedard, a high ranking micron exec, said that prices were moving to $5.25 - not the $7.00 you quote. we'll ignore him b/c his information is obviously wrong and obviously conservative. after all, he NEVER touts rats sh*t into gold ;-) bhb, given the $6 and change that you quote, mu still loses money this q and their cash account will be down another $200,000,000. another 5 or 6 qs of this "reality" will put mu on the brink of bankruptcy. they will have to start auctioning off resources to stay in business. is this the reality you favor so much? the reality is that dram pricing falls 98% of the time and the reality is that it is stoopit to bet big dollars on an overpriced commodity dram maker heading into the 2% area. dram drops from $10 to $4 and bounces to $5 (i do believe kip over you in this instance) and the bears are all wet. you have stock price dislocation confused with business. it has happened before and will happen again. it is the long players who will be all wet before this is through. remember, mu can support 60-70% of the dram requirements of the ENTIRE pc industry all by themselves - and, once all the lies are removed - they are less than 1/6 of the worldwide mb production.

To: Bharat H. Barai who wrote (47423)	8/1/1999 12:10:00 AM
From: zsteve	Read Replies (1) \| Respond to of 53903

BHB RE--The fact is DRAM prices are moving up. The spot prices are $ 6.25-$6.50 and OEM contract prices are 5.75-6.000. The Chairman of one of DRAM company said today, in a private conversation in Taiwan, that he is hearing that 64 DRAM is moving to $ 7 in next 2 weeks i heard about two weeks ago that someone said 64Mb SDRAM would move to $8 soon and $10 for Q4. i am disappointed to hear it is moving to only $7 in next two weeks. why didn't that guy (in a private conversation in Taiwan) say something like that the ram inventory is zero and we are going to see $8-10 in next two weeks? that will scare the sht out of those big Box maker OEMs and bid DRAM up to moon. ________________________________________ ________________________________________ Posted 28/07/99 6:14pm by Lucy Sherriff DRAM: comeback or false dawn? The DRAM industry has seen a modest uptick in prices since July 1 in the daily 64Mb DRAM (PC10, 8M x 8) spot market. And there's not a product shortage in sight. Market research firm ICIS-LOR attributes the firmer market to an attempt by Taiwanese manufacturers to charge more for their wares. These vendors don't want to lose so much money, according to ICIS-LOR. How sustainable this is, is anyone's guess. Since July 1 there have been modest price fluctuations (that means up as well as down!), with 64Mb spot prices hitting a high point of $6 in North America. Micron, the US DRAM vendor, reckons DRAM prices will rise again in August, pointing to reduced inventories and increased demand. However, the 30-day rolling average price of 64Mb DRAMs compiled by ICIS-LOR shows the trend is still downwards.* Between June 10 and July 9, 1999 the price was $6.45 in North America, $6.50 in Europe and US$5.65 in Asia. Compared with the 30 day average for the week to July 2, prices are down 1.15 per cent in North America, unchanged in Europe and down 2.89 per cent in Asia. According to ICIS-LOR, dealers in the Asia Pacific region were negotiating deals of around $5-6 per unit. One Hong-Kong vendor expressed difficulties in concluding deals above $5.60 for 8x8 PC100. The spot price of memory modules of 64Mb DIMM (PC100)fell 4.07 per cent from last week to $34.82 in North America; 3.86 per cent to $37.95 in Europe; and 3.11 per cent down to US$36.84 in Asia. ®