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To: Daniel Schuh who wrote (56786)10/5/2000 11:46:32 PM
From: vc21  Read Replies (2) | Respond to of 93625
 
Speaking of scam stories, let's not forget this beaut:

BTW, DRAM spot seems to have stabilized. The same can't be said for MU. Maybe this slide does have something to do with MU's legal problem and ultimate demise from the memory business. The market has spoken. 28 billion dollars and counting.

To: vc21 who wrote (53915)
From: Daniel Schuh Monday, Sep 18, 2000 6:05 PM ET
Reply # of 56789

Uh, have you checked the price of DRAM lately? The conventional kind, not the more money for less performance variant? Noticed any trends? Could that perhaps have a bit more to do with what's happened to MU stock lately than the legal strum and drang? Just a thought.
A clip from a recent article, not that I'd want to inject "logic" and "facts" here: news.cnet.com

Micron's Asian counterparts have been hit even harder. Samsung Electronic's stock
has lost a quarter of its value in the last two weeks on concern some indicators of
dynamic random access memory chip demand are turning negative. Hyundai Electronic Industries shares have
fallen 27 percent in the same time period.

Investors have been watching the spot price for the Industry--standard 64-megabit PC100 8X8 DRAM, an
indicator of demand in the industry. After peaking at $8.96 per chip on June 31, the price has fallen to $8.35.
While a limited amount of chips are sold on the spot market investors look to it as an indicator of which
direction long-term contract prices are headed.