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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Diamond Jim who wrote (114818)	10/24/2000 1:15:10 AM
From: tejek	Respond to of 186894

That may be a problem according to JJ at SSB: HIGH END FLASH DETERIOTION CONTINUED; LOW END MIXED Spot market prices for high-end Flash dropped precipitously again this week with 32M TSOPs declining 17% to $75 on top of the steep 25% decline last week. The average spot market price for 16M TSOP parts, the bellwether nowadays for cell phones, dropped from $25.50 to $22.50 this week. Low-density Flash was mixed. By the end of the week, 4M SOJs actually gained 3% from $8.00 to $8.25, while 1Mbs remained unchanged at $5.50. We may be reading too much into this, but the Denver Post last week reported that the opening for Intel's $1.2 billion Flash memory plant in Colorado Springs has been postponed from Thanksgiving until some time next year. The reason given: despite there being 3,000 workers on site, contractors cannot get enough qualified electricians, plumbers and journeymen to complete the job on schedule.