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

To: Bilow who wrote (51871)	9/23/2000 12:19:10 AM
From: mishedlo	Read Replies (1) \| Respond to of 53903

Sorry carl, it may be somewhat true but I believe other factors are in play as well. At the very least you have to admit MU was stupid about when to do this offering. At least they could have had enough sense to do it when their stock was near the high and not now. We do not know the facts behind the LU settlement either. That was also part of their need for cash I would bet. Stupid mistakes all around. Wonder what IP of LU they stole and how much it cost them.

To: Bilow who wrote (51871)	9/23/2000 1:55:56 PM
From: Daniel Schuh	Respond to of 53903

Carl, some stories you've probably seen on this topic: Chip growth still strong despite DRAM dip, new cell-phone forecasts, say analysts semibiznews.com In DRAM markets, spot prices for 64-megabit memories have slumped to the $6.60-6.80 range after peaking above $9 in July, Boucher said. A weaker-than-expected back-to-school build cycle in PCs left some manufacturers and distributors with too much inventory this summer. Consequently, those companies are selling off DRAMs in the Asian spot market, driving down prices, said analysts. DRAM headaches for bulk buyers theregister.co.uk Since the beginning of September, the average price of a 64MB PC 100 Maj/3rd Dimm has fallen in Asia from $68 ($8.25 per DRAM) to $61 ($7.35 per DRAM), according to research by Memory Corp Group. PC133 modules are almost the same price. Hyundai expects October DRAM price rise theregister.co.uk The 64 megabit PC100 DRAMs were $6.59 yesterday in spot trading, down from $8.36 on 6 September - and Martinez reckons this is fast approaching a breakeven price point for memory makers. Of course, we have it on good authority from the bus people that the retreat of MU in the market was cause solely by Micron's reluctance to give Rambus money for nothing, and if they'd only had the good sense to cave on that issue, the softening of the memory market would have driven the stock to new highs. In some alternative universe or other. Cheers, Dan.