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To: S. M. SAIFEE who wrote (49127)10/8/1999 8:25:00 PM
From: Glen2  Respond to of 53903
 
>>Is current price of MU is reflecting spot DRAM prices or Long term contract prices of DFRAM?<<

I believe that the current MU price reflects the spot price
of DRAM and the speed with which the spot prices change.
This may not make much sense, since only a portion of MU's
output is sold at spot. However, spot price volatility leads
to MU stock price volatility. Both factors lead to
opportunity to those of us who like move into and out of
MU stock.


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