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

To: Stockdoctor who wrote (49135)	10/9/1999 9:55:00 PM
From: TREND1	Read Replies (1) \| Respond to of 53903

MU can do any thing this coming week. Larry Dudash

To: Stockdoctor who wrote (49135)	10/10/1999 4:20:00 PM
From: Bharat H. Barai	Read Replies (2) \| Respond to of 53903

Can't say what Micron stock price will do next week. DRAM prices to OEM are steadily increasing, around 10.50-11. Most DRAM are being sold at OEM prices, only 10-15% DRAM goes in spot market. Spot prices shot up around 20 at time of Taiwan earthquake as knee jerk reaction. It was obvious that this was not a sustainable level. Spot prices are hovering around $ 13-14 in Taiwan. This is a sustainable situation. If there is some motherboard supply tightness, DRAM prices may stay around here for a while and continue so in next quarter. DRAM manufacturers realize that they will have no money to invest and modernize unless they make decent money. Supply and demand situation will stabilize, pushing DRAM prices around 12-15 for OEMs by the end of this quarter.