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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Steve Byers who wrote (10080)10/30/1997 10:09:00 PM
From: miklosh  Read Replies (1) | Respond to of 70976
 
Hi Steve,

Which calls and puts did you buy (month and strike $ ). I hope you don't mind me asking;I've only bought options once before, and I value the opinions and strategies of those with more experience. TIA

regards



To: Steve Byers who wrote (10080)10/30/1997 10:17:00 PM
From: davesd  Read Replies (1) | Respond to of 70976
 
Steve, it the way it works...this is a Bullish thread, so only bullish things get posted....no one posted this story....

16-Mbit DRAM prices keep sliding

TAIPEI, Taiwan -- The 16-megabit DRAM market has become a
money-losing business, but some memory makers are still able to squeeze
out a profit in special niches.

Prices for a 16-Mbit DRAM on the spot market here dropped to below
$4.00 this week, from $4.10 and above last week, according to a DRAM
broker in Taiwan.

''I have 16-Mbit parts that sell for $3.85, but there's are no buyers out
there,'' lamented the broker said. ''Everybody is a loser in the DRAM
market right now. The more products vendors make, the more money they
lose.''

There are some exceptions to the rule. Believe it or not, specialty-memories
suppliers like Taiwan's Mosel-Vitelic Inc. is making a small profit on 4-Mbit
DRAMs by selling them at about $2.50 a unit, the broker said.

''Mosel-Vitelic is one of the few vendors that's still selling 4-Mbit
parts--everybody else has gotten out of the business,'' he added.

dave