Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DJBEINO who wrote (28510)	2/16/1998 11:12:00 PM
From: Peter Goss	Respond to of 53903

FWIW - Some nuggets from the 2/11/98 Merrill Lynch Semiconductor Report: -- " The 30% rally in the semiconductor index since the 12/15 low has in our opinion increased the risk of holding semiconductor shares to the level of last fall. With no recovery expected anytime soon and December industry sales falling at the fastest rate this decade, we believe an earnings recovery is not imminent. Not only have sales dollars slowed from a plus 16% pace last summer to plus 4% in December, but unit growth has decelerated rapidly as well . . ." "-The DRAM market has experience a temporary spot market price lift due to artificial supply constraints stemming from Korea's financial crisis. Since mid January however Korean producers have resumed full production which, given an 8-10 week cycle time means supply will increase again by mid march. We look for a 20-30% price decline for the 16Mb between March and June." Some more grist for the mill. Peter

To: DJBEINO who wrote (28510)	2/17/1998 12:27:00 AM
From: Richard Russell	Read Replies (2) \| Respond to of 53903

Beino, WAKE UP Beino this is not a big surprise everyone knew that there would be a consolidation in this buisness and that some would exit. Some companys beleive that there is not enough profit in this business even in the future when supply and demand get back to equilbrium to make it worth their while to stay in it. Unlike many of these companies mu has no choice, THATS ALL THEY DO. Remember memory chip demand is expected to rise only 7% this year and that could be optimistic. If the memory business ever becomes more then marginally profitable in the future more capacity will be ramped up to get a piece of the action which will again cause prices to be depressed. Its a vicious cycle in which the first sign of profitabiltiy will trigger increased production which will cause the shrinking of those profits. Of those that are left no one will dominate and over the long haul profits will be slim. Now go dig up some more news that gives us the illusion that mu is worth $75. RR

To: DJBEINO who wrote (28510)	2/17/1998 1:57:00 AM
From: Skeeter Bug	Respond to of 53903

dj, please. you bulls never end. last year i was wrong about 1998. demand was soooo strong. i said 1998 was a red ink or breakeven year and the bulls said $3-$4. i was just asleep. i needed to wake up in 1997. well, my dreams are closer to reality than the your perception of reality. you post the same reports 4 or 5 times and act like it has 4-5 times the impact. my friend, is korea cutting back on the $60 billion in us dollars that taiwan is spending? answer this question. tell us all how much the koreans are cutting back on dram. is it $60 billion? anyway, cutting back 126 mb production is a big whoopety doo doo. they are making 64 mb chips which will INCREASE THE BIT PRODUCTION. EVEN FOR SOUTH KOREA. add in the $60 BBBBBBILLION that taiwan kicks out and you have trouble. hello. amat is still making beaucoup dollars. BEAUCOUP. hello!!!! there is a lag between equipment not being ordered and sharply reduced production. we aren't even at the point where equipment isn't being ordered yet. good luck. btw, are you saying mu is a good buy at $35? come on, step up to the plate and tell us your opinion and not just recirc news articles 4-5 times.

To: DJBEINO who wrote (28510)	2/17/1998 2:36:00 AM
From: Richard Russell	Read Replies (1) \| Respond to of 53903

Beino, guess you missed this one. >>Monday February 16, 11:55 am Eastern Time Company Press Release SOURCE: Pioneer-Standard Electronics, Inc. Pioneer, Promis Equip New Chip Manufacturer to Meet Production Startup in Record Time CLEVELAND, Feb. 16 /PRNewswire/ -- An alliance between Pioneer-Standard Electronics, Inc. (Nasdaq: PIOS - news) and Promis Systems Corporation is supplying the solutions and support essential for White Oak Semiconductor to meet the microchip industry's most demanding timetable to date for startup of production. In just 11 months, White Oak Semiconductor has transformed a green field site near Richmond, Virginia, into a factory ready for equipment. White Oak, a joint venture of Siemens semiconductor Group and Motorola Semiconductor Products Sector, started production last month of the latest generation of 64-megabit DRAM (dynamic random access memory) chips, the smallest on the market, utilizing 0.25 micron technology. Pioneer and Promis Systems provided White Oak with the complete hardware and software infrastructure needed to produce leading-edge semiconductors.<<