Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (2775)	5/1/2002 1:16:41 AM
From: Neenny	Respond to of 6346

Did I hear Tables in Vegas???? <grin> Sunday really only wet my whistle (trip 7's on my post even)

To: Jorj X Mckie who wrote (2775)	5/1/2002 1:54:58 AM
From: John Pitera	Respond to of 6346

LOL.... Just as I expected -g- MU's tranaction attempts with Hynix have been interesting to watch.. It certainly impacts the DRAM market. Best Buy now advertising 128 Megs of DRAM for something like 19 or 29 bucks. ------------- 10:58AM Micron Tech: Merrill Lynch comments on Hynix situation (MU) 25.40 -1.05: --Update-- Merrill Lynch believes that decision by Hynix board of directors to vote against Micron's bid could be a near-term negative for DRAM pricing, as firm had expected Micron mgmt to take some portion of Hynix's capacity offline in an effort to stem Hynix's losses and bring global supply further down. If Hynix remains independent, 4-5% of global supply would stay online. Merrill's Korean analyst points out that it's still possible for a deal to occur if Hynix creditors covert debt to equity and take control of the co, but that this process would be both complex and lengthy. Firm sees Hynix's actions having little intermediate to long-term impact on a DRAM biz that is not investing sufficiently to keep up with demand.