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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (26413)	1/13/1998 12:10:00 AM
From: DJBEINO	Respond to of 53903

Last Updated: 1/12/98 (DRAM PRICES) 1M x 4 SOJ 60: .75 256K x 16 EDO 60: 2.30 256 x 16 Fast Page 60: 2.40 1M 16 EDO 60: 2.75 1M x 16 Fast Page 60: 2.90 4M x 4 EDO 60: 3.65 4M x 4 Fast Page SOJ 60: 3.80

To: Earlie who wrote (26413)	1/13/1998 1:34:00 AM
From: DavidG	Read Replies (1) \| Respond to of 53903

Earlie, You really amaze me. I thought you grasped the fundamentals of MU but you're brainwashed just as the other "forever bears" are on this thread. First you indicate that MU is "selling assets to stay alive". They are selling assets that are not needed for their core business as every other smart company is doing today. They do not need their construction co. or MUEI and they still own 64% which I am sure if they could find a buyer they would readily dump it. Secondly, Of course they are taking on debt but $500M is not a lot for their co. All companies take on some debt. Third, Of course their asps were higher last year for 16mb...memory always drops in price...the DRAM is being replaced with SDRAM that is over $4 and that is 70% of MUs product. My friend you are definitely the delusionary one for not recognizing that MUs contract prices are this high. Earlie, just as MU led the market with 4mb chips and then 16mb chips it will also do it with SDRAM and then if needed 64mb SDRAM...unfortunately you just don't get it with 64mb chips...They are not cost effective now and may NOT be for some time.PERIOD...and when they are MU will be there pumping them out faster and cheaper than most others...but as I said to you before crossover may not be the criteria anymore since 16mb chips are so low, it will be when the PII or faster systems need the 128mb and higher memory. You are all so brainwashed by your regurgitation of the same nonsense that you can not see the reality of what is really happening in this commodity market and who the real winners are...Unfortunately the real winners are stuck in a lousy sector but if and when the Koreans are not funded anymore for selling products at a loss just to keep their people employed, companies like MU will flourish very quickly...and we are beginning to see that happening now. Good Luck Trading DavidG

To: Earlie who wrote (26413)	1/13/1998 12:09:00 PM
From: Sridhar Srinivasan	Read Replies (2) \| Respond to of 53903

Earlie, you write with eloquence but I see a significant paucity of substance that reflects reality (g). Here are some specifics: >> MU's "contract prices" are a joke. The spot price is the contract >> price, when the contract is of short duration. You are deluding >> yourself if you think that MU's ASP's are currently "well above" >> the spot price. While the contract prices some times have come down in tandem with spot prices, typically contract prices have stayed above the spot. Depends on whom you choose to believe, steve appleton or skeeter. IF you go back the last three quarters and examine ASP visavis spot prices, during the quarter, you will see a 20-30 percent difference. It is a well known fact that MU enters each generation late, since they have publicly acknowledged that they cannot see business sense in crossing over when the market has not. However, your assertions about MU not being able to compete with big Asian players (such as Samsung, Hyundai etc) when it comes to costs in 64 Mb seems to point to a need to substantiate your bearish stance based on wishful thinking rather than fact-based analysis. Ultimately, whether any one accepts it or not, Micron is a low cost producer which has time and again shown the ability to stay afloat in a brutally bruising over supply situation. Now that the day of reckoning for the reckless ways of the Asian bib boys (well, they cannot run profitable businesses without assistance from large international donations) is here, I cannot comprehend the bears' inability to see the silver lining in micron's future. Best Regards, Sridhar