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.

Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (19040)	5/22/2006 3:47:51 PM
From: Gottfried	Respond to of 25522

Ox, SEC stocks were popular years ago because bookings cycles were fairly predictable and so was stock price trend and great volatility. Now volatility is diminished, there is confusion about cycles and cyclic behavior and knowing about the fundamentals doesn't seem to give us an edge. I'm tempted to join Z's day trading crowd. PS: have been dabbling in VLO. Daily $2 swings are frequent

To: The Ox who wrote (19040)	5/22/2006 4:01:44 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Mitsubishi under U.S. scrutiny over DRAM sales Spencer Chin EE Times (05/22/2006 10:35 AM EDT) MANHASSET, N.Y. — Japan's Mitsubishi Electric Corp. said it has been contacted by the U.S. Justice Department's Antitrust Division concerning sales of DRAMs from 1998 to 2002. The latest U.S. investigation includes Mitsubishi Electric and Electronics USA Inc., as well as parent company Mitsubishi Electric Corp. and affiliates. The companies withdrew from the DRAM business in early 2003. The move hints that the DRAM price-fixing scandal could extend beyond the companies that have already been implicated. Earlier this month, Samsung Electronics, Hynix Semiconductor Inc. and Infineon Technologies AG agreed to pay fines totaling $160 million to settle a class-action suit involving DRAM price fixing. Following a Justice probe, Samsung, Hynix and Infineon pleaded guilty to charges of DRAM price fixing between 1999 and 2003. All three companies were hit with fines ranging from $160 million to $300 million, with executives from each assessed additional fines and jail sentences of up to eight months. Mitsubishi and several of its subsidiaries have already been hit with civil suits alleging DRAM price fixing. The company said it was uncertain about what impact the Justice Department request or civil lawsuits regarding DRAM sales would have on its businesses. It said it would not reassess the fiscal 2006 business forecast that it announced in April.