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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (3854)12/16/1997 9:22:00 AM
From: Jay M. Harris  Respond to of 10921
 
Answer: The Koreans; they make up 35% of global Dram Market share. The Korean Won has declined to 1,703 per US Dollar. (Samsung;Hyundai;LG Semicon) are reducing inventory to help their cash crunch. Blue light special on 16 meg parts at $2.00. WoW!



To: LLCF who wrote (3854)12/16/1997 10:25:00 AM
From: TI2, TechInvestorToo  Read Replies (1) | Respond to of 10921
 
The drop in spot prices was attributed to currency / solvency crisis in Korea ( Dow Jones News I beleieve was the source). The chip inventory could be converted to hard currencies and the old supply/demand price thing happened.
TI2


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