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To: Skeeter Bug who wrote (47938)9/2/1999 9:09:00 AM
From: TREND1  Respond to of 53903
 
Well Skeeter
Hal is giving indications that 76 1/8 may be some kind
of short term top. Today's action may point that way.

Don't despair (g)

Larry Dudash



To: Skeeter Bug who wrote (47938)9/2/1999 9:18:00 AM
From: DJBEINO  Read Replies (2) | Respond to of 53903
 
Prices of 64Mb DRAM Chips Surpass US$9 Per Unit
September 2, 1999 (SEOUL) -- After reaching US$8 per unit last week, prices for 64Mb DRAM chips traded on the spot market surpassed US$9 per unit on Aug. 30.




According to Korea's semiconductor manufacturers, the memory chip prices continued an upbeat mood, and posted a record high of US$9.17 in the domestic spot market on Aug. 30. This is twice as high as prices seen two months ago, when the chip was once traded at US$4.66 on June 25.

The chip price hike is expected to bring mounting profits to domestic chip producers, market watchers forecasted. They cited Samsung Electronics Co., Ltd., the world's largest memory chip producer, which now is expecting its net profits this year to top 3.5 trillion won (US$3 billion). (1,184.7 won = US$1)

nikkeibp.asiabiztech.com



To: Skeeter Bug who wrote (47938)9/2/1999 9:32:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
MU TA UPDATE as of 9/2/99 after the close.

(1)The 8/17/99 up trend is getting nearing a break to the
down side.
(2) When ? Hal can not predict, but will know when it
happens.
(3) There have been four up moves since the 5/26/99 low
of 34 1/2.
Larry Dudash