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To: DavidG who wrote (31691)4/2/1998 2:22:00 PM
From: yousef hashmi  Respond to of 53903
 
's Commentary: 04/02/98

DRAM availabilities have diminished considerably following
the late March rush to move inventory before quarter/year
end. Consequently, the first two days of trading in April
have seen "spot" prices increase slightly as open market
supply/demand re-balances.



To: DavidG who wrote (31691)4/2/1998 2:33:00 PM
From: Patrick Koehler  Read Replies (1) | Respond to of 53903
 
David - I agree on the games the market plays. On normal days, seeing a bid of 225k would really wake me up, and think of some action. That 225k disappeared without the trading to absorb it, so they obviously just pulled it off the table. But it certainly keeps the traders on their toes.!<gg>
Patrick


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