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

To: Land_Lubber who wrote (49468)	10/21/1999 10:41:00 AM
From: DJBEINO	Respond to of 53903

Micron Says DRAM Prices To Drop In 3 Mos - Taiwan Report Thursday, October 21, 1999 12:37 AM TAIPEI (Dow Jones)--Micron Technology Inc. (MU) of the U.S. has said prices of dynamic random access memory chips will drop in 90 days, a local newspaper reported Thursday. Officials at Micron couldn't be reached for confirmation. The U.S. chip giant said Tuesday at an antidumping hearing the introduction of Direct Rambus DRAM chips will substantially increase the supply of memory chips and drive prices down, the Chinese-language Economic Daily News reported. Rambus DRAM technology, developed by U.S. chipmaker Rambus Inc. (RMBS), speeds up the communication between the DRAM chip and a computer's microprocessor, and includes Intel Corp. (INTC) among its backers. Thursday's newspaper report, along with a recent weakening of DRAM prices and Dell Computer Corp.'s (DELL) announcement earlier this week it would install less memory in its PCs due to a run-up in DRAM prices over recent months, has put chip stocks on the Taiwan bourse under heavy selling pressure. Winbond Electronics Corp. (Q.WBE) closed Thursday unchanged at NT$56.50, while Mosel Vitelic Inc. (Q.MVT) shed NT$0.80 to end at NT$35.80. The companies' shares were the two most actively traded stocks Thursday. An eight-inch 64 megabit DRAM chip, the industry standard, now costs around US$11, off recent highs of more than US$20, but up from US$4 in June

To: Land_Lubber who wrote (49468)	10/21/1999 9:23:00 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 53903

Land_Lubber: You know your memory is the first thing to go. <g> I am in the middle of corn field country (Rockford Ill.) chasing this Penn State team that is going to play at Purdue on Saturday, and I do not have the chart on this computer but here goes 'from memory'. If you look at the MU 30 minute chart and draw the fork, you will see 5 day cycles between lower lows. Larry has a 30 minute chart on his site. My current plan is to buy puts close to the upper channel line of this fork until the pattern changes. Of course when the pattern changes then I will go back to the drawing board. I am trying to play this run in MU like trading a commodity that is rapidly trending in one direction. Do I know what I am doing..No!!!!! <ggg> Joan