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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (41967)	12/2/2008 10:32:27 PM
From: Woody_Nickels	Read Replies (2) \| Respond to of 95616

Future Earnings are vapor! Look back to forecasts for 2008 or 2009 from 2005 or 2006 and you're likely to find a "dip" in 2008 or 2009, but only a blip in the never-ending up- trend for semis. If this financial environment is a "blip", I'd hate to see a downturn! vbg IMHO, the 2 yr. semi cycle is more believable than analyst forecasts, at this point. Woody

To: Donald Wennerstrom who wrote (41967)	12/3/2008 1:51:02 AM
From: Donald Wennerstrom	1 Recommendation Respond to of 95616

December 2, 2008, 1:17 pm Spot DRAM Prices At All-Time Low, Falling 33% In Nov. Posted by Eric Savitz The market for DRAM chips continues to collapse, making life rough for Micron Technology (MU) and other memory chip companies. According to DRAMeXchange.com, spot market prices for DRAM chips last week fell between 5% and 15%, depending on specific configuration, to new historic lows. For DDR2 1Gb chips, the price last week dropped to 68 cents, from 80 cents, with a 34% drop in November. For DDR2 512Mb chips, the price fell 10% last week, and 33% in November. DRAMeXchange warned that with the year-end approach and demand worsening, some spot market participants are considering unloading inventory to raise cash in an attempt to survive the downturn, and that “irrational price plunging may take place before the year end.” In the contract market, pricing for DDR2 667 Mhz 1GB parts has dropped 57% in five months, while DDR2 667 Mhz 2GB parts are down 55% over the same period. Due to the global financial crisis, they write, market demand from PC makers has turned “from weak to frozen,” adding that “we are still pessimistic toward the contract price” for December. For 1GB eTT chips, pricing this year has dropped 70% to 68 cents, already well below the cash cost of $1.30 to $1.50, according to DRAMeXchange. That includes 35 cents to 40 cents for packaging and testing. Pricing for DDR2 512 MB chips, which has fallen below 40 cents, is already down to the packaging and testing price, which basically means the chip manufacturer gets no cash from selling those parts. blogs.barrons.com