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: gnuman who wrote (48522)	9/21/1999 6:18:00 PM
From: Michael Bakunin	Respond to of 53903

Well, considering that MU managed a $7 ASP during a period when spot prices were touching $4, I think OEM's are now reaping the benefit for which they paid 75% over spot this summer. That said, some contracts likely rolled over, and some OEMs may greedily have written more-flexible contracts to take 'advantage' of spot rates, so wtd average contract prices may be up. But from $6 to $8 in one month? Improbable. -mb

To: gnuman who wrote (48522)	9/21/1999 8:11:00 PM
From: Chas	Read Replies (1) \| Respond to of 53903

OEM contracts are being discussed now for next week. Range $9.00-$10. Still much lower than spot. Impact of Taiwan will not be felt for a while, all the news coming out is saying not much damage. It will be a slow process to get the truth of the matter. I am afraid the PC companies have so much tied to Taiwan related products in some way, especially notebooks parts. Time will tell. Spot for DRAM is high but no takers, I think everyone is hoping it will settle down over the next couple of days. Good trading.