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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (37541)7/10/2002 3:16:59 AM
From: Johnny Canuck  Respond to of 69822
 
14:37 ET Morgan Stanley issues positive note on DRAM
Morgan Stanley says that their weekly DRAM update from dramexchange.com contained a number of positives beyond the recent sharp price increases: 1) DRAM inventories have declined to just one month's supply; 2) although not yet confirmed by motherboard manufacturers, dramexchange says that DRAM manufacturers are receiving more DRAM orders from PC OEM's; and 3) most DRAM manufacturers are considering 2H02 contract price increases.

[Harry:They have not been all that accurate so far. Anything to get people to buy into improved business due to the September back to school shopping I guess.]