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Technology Stocks : ISSI a great opportunity -- Ignore unavailable to you. Want to Upgrade?

To: John McDonald who wrote (881)	11/5/1999 8:22:00 PM
From: Ram Seetharaman	Read Replies (1) \| Respond to of 1058

Sure someone scooped 300000 at a bargain. Same thing with IO - stock is unbelievably cheap at $ 5 + . Saw two 100000 block trades.

To: John McDonald who wrote (881)	11/6/1999 10:16:00 AM
From: stock talk	Read Replies (1) \| Respond to of 1058

Looks like our Taiwan businessman knows what he is talking about, from out good friend DJBENIO on the ALSC thread. Chip Industry Says Strong Demand For DRAM Is Lifting Prices By DERMOT DOHERTY, STAFF REPORTER TAIPEI -- Strong downstream demand and high contract prices will provide firm support for dynamic random access memory, or DRAM, chip spot pricing over the coming week, semiconductor industry experts said on Friday. Eight-inch 64 megabit DRAM chips, the industry standard, are trading around $12 per chip in Taiwan, compared with $11.20 a week previously, dealers said. "Contract prices are all around the $10 to $10.50 level and a 20% premium is reasonable," said Jerry Huang, an electronics analyst at Jardine Fleming Taiwan. "Downstream shipments have recovered from the effects of the earthquake. If you look at many downstream manufacturers, October sales were a record high and that's keeping DRAM demand pretty strong." Personal computer consumption tends to peak during the fourth quarter because of pre-Christmas sales. DRAM prices had come off recent highs of as much as $21 in the wake of September's earthquake as motherboard shipments slipped amid shortages of other components caused from quake-induced power outages. Industry experts said the components shortages have eased and shipments of motherboards, onto which DRAM chips are mounted, are returning to normal levels. And while there are signs that corporate PC sales in the U.S. are slackening because of the Y2K factor, analysts said strong sales in other markets will prop up DRAM pricing. "Corporate PC sales in the U.S. are a little slow, but in Asia you saw about 20% growth in Q3," said Jardine Fleming's Huang. Strong motherboard demand from Europe is also expected to translate into healthy PC sales in that region, he added. That view was shared by local DRAM vendors. "For a month European systems makers had been relying on their inventory," said one official at a local DRAM vendor. "But about a week and a half ago, they started putting orders through again and that has helped demand." Analysts warned DRAM prices will likely slip slightly during the last two weeks of December as companies reduce PC purchases amid concerns over Y2K glitches. Despite those concerns, DRAM spot prices are unlikely to dip below $8.50, they added. Most companies break even at around $5 to $6. Taiwan is the world's fourth-largest producer of semiconductors, and the island's DRAM spot market is one of the biggest in Asia. Copyright (c) 1999 Dow Jones & Company, Inc. Message 11829519