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

To: MR. PANAMA (I am a PLAYER) who wrote (26714)	1/16/1998 4:50:00 PM
From: Jerry Denkera	Respond to of 53903

TO ALL---Prices have dropped for the 3rd day down to 3-3.10 for 4x4{16meg} but real orders can probably get below that. The upside momentum is in total reverse and sub 3.00 pricing will probably return next week.This may be the lull before the storm however and many players are looking for another opportunity to jump back into the fray as we hit the 500.00 sweet spot on low end Pcs which may drive an upgrade frenzy. The Koreans are rumored to be in pretty bad shape with most suppliers of raw material asking for cod terms.This cash crunch could cause the Korean mfgers to be easier to convince to play ball with the Microns of the world in order to get some of those credits and cash coming Korea's way. Regards Jerry